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Village Main Reef set to churn cash

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If the rand gold price stays at current levels Village would generate the kind of cash that would make a mockery of its current share price according to CEO Bernard Swanepoel.

Zim mines minister calls for calm

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Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.

Deals too expensive, says Anglo’s Carroll

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Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.

Macozoma: beneficiation needs power surety

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Abundant electricity and clarity on the costs thereof are prerequisites for the formation of downstream beneficiation industries, says Tshipi e Ntle chair Saki Macozoma.

Vale readies first 35kt of Mozambique coal

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Brazilian miner Vale said it would export its first coal from its Mozambique mine on Wednesday after resolving bottlenecks on the rail line.

Forbes Coal posts record exports

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Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.

Rockwell wants Sandile Zungu to cough up

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New theme tune at Rockwell's head office has to be Bruce Springsteen's "pay me my money down" as CEO James Campbell goes after BEE partner Sandile Zungu for money owed.

Fedusa: Govt not serious about acid water

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The Federation of Unions of SA has accused the government of not addressing the threat of acid mine drainage.

Petmin drives its diversification strategy

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Petmin has sold its Samquarz silica mine at a handsome profit as it diversifies into commodities such as iron ore and copper where chairman Ian Cockerill believes future profits lie.

Guinea to review mining contracts

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Unconscionable provisions in mining contracts conducted with Guinea's former government would be overturned in a comprehensive mining review announced by the country's mines minister.