Shanduka finds a new suitor
Shanduka Resources' dumping of Sentula has coincided with an announcement by ASX-listed Continental Coal over a "landmark" empowerment transaction.
First Quantum to repay $224m to Zambian fiscus
First Quantum Minerals has agreed to pay Zambia $224m in tax arrears by Friday, says a senior government official.
BEE ‘failure’ triggers nationalisation calls
Impala Platinum CEO David Brown says miners' inability to meet empowerment targets may be the reason behind the calls for greater state control in the industry.
Acid water to cost fiscus more than R1bn
Government will need over R1bn to deal with acid mine drainage on the Witwatersrand, while a business plan for its strategy will be ready in July.
Nogxina exits with parting shot
The mining industry has brought the nationalisation debate upon themselves, says outgoing director general of mineral resources Sandile Nogxina.
Shanduka profits R2bn on Assore
Cyril Ramaphosa's Shanduka group has cleaned up on the sale of its empowerment stake in iron ore producer Assore, pocketing more than R2bn.
Nzimande: Nationalisation won’t aid poor
Nationalisation won't help the poor, is not always progressive and was undertaken by Hitler, says SA Communist Party general secretary Blade Nzimande.
Sentula, Shanduka merger goes sour
The R2.1bn deal to merge Sentula Mining and the coal assets of Cyril Ramaphosa's group Shanduka has apparently hit the skids.
Eskom ups profits on tariffs
Power utility Eskom has reported a net profit of R8.4bn for the year, helped again by higher electricity tariffs.
Transnet: Swazi link is Waterberg saviour
Transnet's plans to service the strategic Waterberg coalfields hinge on whether it will succeed in moving general freight off the coal line, via a Swaziland loop.