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SA to rely more on nuclear, green power

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The cabinet has approved a new energy plan that sees renewable and nuclear energy supplying two-thirds of SA's new power by 2030.

ANC mulls Aussie- style mines tax

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Government may overhaul its minerals royalties regime to cash in on high commodity prices and may use Australia's controversial resources tax as a template, says a deputy minister.

Nkwe wins rights back, shares fall

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Nkwe Platinum has regained prospecting rights previously set aside by the Constitutional Court, yet its shares fell heavily following a recommencement of trading.

Japan quake jeopardises ARMZ’s Mantra deal

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Uranium One says the takeover of Mantra Resources by ARMZ is in the balance following recent events at the Fukushima power plant in Japan.

More backers for Rio’s Riversdale bid

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Global miner Rio Tinto has received acceptances for 30.6% of shares in its $3.9bn takeover target Riversdale.

The return of Siyabonga Gama

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Siyabonga Gama has been re-appointed chief executive of Transnet Freight Rail - the organisation from which he was summarily dismissed in June last year.

Great Basin settles notes

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Great Basin Gold has repaid its 2008 senior secured notes with the proceeds of a term loan facility from Credit Suisse.

Mothae to test diamond market

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Lucara Diamond says its subsidiary Mothae Diamonds will be holding its first diamond sale later this month.

CoAL still waiting for answer on Vele

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There's still no answer from the department of environmental affairs on when Coal of Africa will be allowed to restart operations at the Vele coking coal mine.

Gem to spend $85m on Gope mine

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Gem Diamonds has cut the first phase cost of the Gope mine to $85m by going for an underground operation via a decline shaft, instead of developing a traditional open pit mine.