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Mines debate hurts sector, says Cutifani

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AngloGold Ashanti CEO Mark Cutifani has said talks of mine nationalisation were hurting investment in the sector, reports Business Day.

Transnet opens magnetite route

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Transnet Freight Rail has opened a line to transport magnetite for export, after disruptions caused by damage to a bridge, says the company.

Raising the bar on BEE

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Kumba Iron Ore’s windfall BEE payout has restored confidence in black economic empowerment.

Implats seals wage deal

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Impala Platinum says it has reached a two-year wage deal with the National Union of Mineworkers, averting a possible a strike at the miner.

Gold industry awaits technology breakthrough

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There is great excitement about a promising new technology which could make deep underground mining possible and ensure the future of SA's gold industry.

CRG’s great expectations amid licence row

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Central Rand Gold says it may become one of SA’s lowest cost gold producers and be the solution to rising acid mine water, if only the courts will return its revoked mining right.

Kalahari says CGNPC offer talks resumed

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Kalahari Minerals has confirmed that offer talks have resumed with state-owned China Guangdong Nuclear Power Corp.

Rio surrenders 51% stake in Murowa Diamonds

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Rio Tinto has told Zimbabwe's government it will give up a 51% stake in its local diamond unit Murowa, reports state media.

Kasukuwere calls time on tardy miners

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Saviour Kasukuwere, Zimbabwe's youth, indigenisation and empowerment minister, says the country will move quietly in seizing shares of companies failing to have met the indigenisation deadline.

Shanduka seeks controlling stake in coal JV

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Shanduka Group hopes to conclude a deal before the end of the year which will increase its stake in a coal venture with Glencore to a controlling one, reports Business Day.