Wescoal sells plant in restructure
Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.
Orkney’s new knight in Chinese armour
The first of 2,500 laid-off workers at Pamodzi Gold’s Orkney mine may be back at work by the end of October if the court this week approves the R150m buyout offer.
Rockwell plans to up its technical game
Rockwell Diamonds CEO James Campbell is on a mission to improve the company's technical ability for the recovery of diamonds, before embarking on major new expansion projects.
Volumes, prices to boost Impala earnings
Impala Platinum is expects its full year earnings to be significantly higher, as dollar prices for metals increased and sales volumes improved.
Sishen showdown set to commence
The dispute over Kumba Iron Ore’s Sishen mine will come to a head from Monday when the protagonists square off in court over a 21.4% right in a world-renowned mineral asset.
Gold Fields makes hay of price spike
Gold Fields has significantly benefitted from the rising gold price during the June quarter, managing to translate a 5% production increase into 15% earnings growth.
No nationalisation, says Gold Fields
Gold Fields CEO Nick Holland remains confident that nationalisation will not happen, although he concedes it is increasingly worrying foreign investors.
Sales of BEE shares worrying, says Xingwana
The selling of mining shares granted to blacks is undermining transformation, says Minister of Women, Children and People with Disabilities Lulu Xingwana.
Labat investor seeks $2m from Aurora
A $2m investment intended for JSE-listed IT firm Labat Africa has found its way to the bank coffers of Aurora Empowerment Systems, reads a company statement.
Mponeng operations halted after fatality
An AngloGold Ashanti worker has been killed at the Mponeng mine after a seismic event, bringing mining operations to a halt in the affected area.