Australia releases mine tax draft
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.
Pan African targets higher profit margins
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
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.
Exxaro thwarted in Territory bid
UPDATED: Exxaro is reviewing its position after its bid for Australian iron ore miner Territory Resources was trumped by Hong Kong's Noble Group.
Beneficiation now official policy, says Manyi
Cabinet has approved mineral beneficiation as policy for South Africa, says spokesperson Jimmy Manyi.
Firestone makes rights progress
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.
Mines DG to step down, says Shabangu
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.
Exxaro’s Territory bid meets resistance
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.
Malema targets mines in new film
ANC Youth League leader Julius Malema says in a new documentary that SA's mines must be nationalised to return mineral wealth - stolen by white colonists - to the black majority.
Num prepares for Exxaro strike
The National Union of Mineworkers says a majority of its members at Exxaro have so far voted in favour of a strike over planned retrenchments at the company.