Anglo: nationalisation not the way to go
Resources giant Anglo American says nationalisation is not the right model for South Africa.
Online rights system to shut down for maintenance
The department of mineral resources says its online mineral rights application system would be undergoing scheduled maintenance and upgrade work next week.
DRDGOLD cuts Blyvoor’s lifeline
DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.
ARM chooses new CEO
African Rainbow Minerals has picked one of its own executives - Mike Schmidt - to take over as CEO from Andre Wilkens in March next year.
MPs to discuss tax levy for acid drainage
Members of parliament are to consider the establishment of an environmental tax superfund to pay for the acid mine water crisis.
State names water ‘transgressors’
The department of water affairs has listed 100 mines operating without water licences, four of which - including Exxaro and Gold Fields assets - have not yet made applications.
Malema: Minister must prep mines
Minerals Minister Susan Shabangu has to start preparing the mining sector "psychologically" for nationalisation, says ANC Youth League president Julius Malema.
Increase in resouce for Pan African’s Manica
Pan African Resources has reported a significant increase in the mineral resource for its Manica gold project in Mozambique.
Transnet to favour junior coal exporters
Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.
Keaton earnings grow on offtake coal sales
Keaton Energy has posted diluted headline earnings of 10.3 cents per share - up from the previous period's 5.6 cents - for the year ending on March 31.