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Australia releases mine tax draft

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Australia's government has released draft legislation for its controversial mining profits tax, keeping the 30% rate and says resource firms will be able to push for more changes.

Exxaro gets interdict to stop strike

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Exxaro has been granted a temporary interdict prohibiting workers from striking.

Exxaro thwarted in Territory bid

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UPDATED: Exxaro is reviewing its position after its bid for Australian iron ore miner Territory Resources was trumped by Hong Kong's Noble Group.

Pan African targets higher profit margins

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Pan African Resources will increase production from its Barberton Mines by 20% through a dump retreatment operation, and also intends improving profit margins by generating its own power.

Chamber objects to Eskom, Transnet changes

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The Chamber of Mines says it is "deeply concerned' about the removal of Eskom’s chairperson, as well as suggestions that Transnet’s chair is also on his way out.

Beneficiation now official policy, says Manyi

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Cabinet has approved mineral beneficiation as policy for South Africa, says spokesperson Jimmy Manyi.

Firestone makes rights progress

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Firestone Energy's application for mining rights made by its joint venture with Sekoko Resources has been approved at a regional level by the department of mineral resources.

Iron ore rail line expansion ‘on track’

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Transnet is on track to expand its iron ore and manganese rail line to an annual capacity of 60 million tonnes by 2012/13, says its CEO.

Exxaro’s Territory bid meets resistance

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Exxaro Resources seems to have a fight on its hands for control of Territory Resources, after the Australian iron ore firm's largest shareholder increased its shareholding.

Mines DG to step down, says Shabangu

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The director general of the department of mineral resources, Sandile Nogxina, will step down at the end of June to take early retirement, says Mines Minister Susan Shabangu.