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.
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.
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.
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.
State mulls legal action against Aurora
A department of mineral resources official says it is getting advice on whether criminal charges can be laid against Aurora and Pamodzi Gold's liquidators.
Assets of troubled miner for sale
Pamodzi Gold's assets have been put up for sale by its liquidators, according to newspaper advertisements.
Resource plan a ‘grim’ story for coal sector
Coal reserves in the Waterberg, Soutpansberg and Limpopo coal fields will remain largely undeveloped if the state implements the Integrated Resource Plan, says a mining expert.
RBCT again chops coal export target
The Richards Bay Coal Terminal has reduced its 2011 export target for the second time this year, citing railage problems.