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DRDGOLD cuts Blyvoor’s lifeline

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DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.

Malema: Minister must prep mines

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Minerals Minister Susan Shabangu has to start preparing the mining sector "psychologically" for nationalisation, says ANC Youth League president Julius Malema.

Transnet to favour junior coal exporters

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Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.

Increase in resouce for Pan African’s Manica

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Pan African Resources has reported a significant increase in the mineral resource for its Manica gold project in Mozambique.

Keaton earnings grow on offtake coal sales

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Keaton Energy has posted diluted headline earnings of 10.3 cents per share - up from the previous period's 5.6 cents - for the year ending on March 31.

MPs to discuss tax levy for acid drainage

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Members of parliament are to consider the establishment of an environmental tax superfund to pay for the acid mine water crisis.

State names water ‘transgressors’

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The department of water affairs has listed 100 mines operating without water licences, four of which - including Exxaro and Gold Fields assets - have not yet made applications.

Union seeks 20% wage hikes from Anglo Plat

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The National Union of Mineworkers says it will push for a 20% wage increase from Anglo American Platinum.

State mulls legal action against Aurora

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A department of mineral resources official says it is getting advice on whether criminal charges can be laid against Aurora and Pamodzi Gold's liquidators.

Assets of troubled miner for sale

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Pamodzi Gold's assets have been put up for sale by its liquidators, according to newspaper advertisements.