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Iran in secret talks over Zim uranium

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Iranian officials have met secretly with senior Zimbabwean mining officials over a plan to get uranium for Iran's nuclear activities, according to a new report.

First Uranium aims to raise $46m

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First Uranium has priced its public equity offering a $1.00 per share in order to raise $46m.

ANCYL slates mines researcher

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The ANC Youth League is opposed to the inclusion of an independent researcher in the ANC team probing the viability of mines nationalisation, says its spokesperson.

Gordhan sets aside R230m for acid mine water

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The government has budgeted R225m over the next two years to design and build an acid mine water treatment facility in the Vaal water management area.

Zim in R21bn steel deal with India

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Lazarus Zim's Afripalm Resources has signed a memorandum of understanding with Steel Authority of India to build a steel mill in South Africa, according to Business Day.

Bright future for SA mining, says Shabangu

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Mining will be a thriving sector within the next decade, according to Mines Minister Susan Shabangu, speaking at the opening of Great Basin Gold's Burnstone mine.

Govt accepts mine drainage advice

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The government says it can prevent rising acid effluent in the Central Basin of the Witwatersrand from reaching environmentally critical levels next year.

Simmers needs more funds

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Simmer and Jack Mines needs to raise around R155m and the company's cash-strapped situation means it cannot participate in the fund raise being carried out by associate First Uranium.

Pan African plans more growth

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Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.

Tau Lekoa lifts Simmers output

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Simmer & Jack has reported a 34% rise in gold production, accounting for recently acquired Tau Lekoa's full contribution.