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ARM chooses new CEO

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African Rainbow Minerals has picked one of its own executives - Mike Schmidt - to take over as CEO from Andre Wilkens in March next year.

DRDGOLD cuts Blyvoor’s lifeline

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DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.

Malema: Minister must prep mines

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Minerals Minister Susan Shabangu has to start preparing the mining sector "psychologically" for nationalisation, says ANC Youth League president Julius Malema.

Keaton earnings grow on offtake coal sales

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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.

Increase in resouce for Pan African’s Manica

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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

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Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.

MPs to discuss tax levy for acid drainage

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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’

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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.

Resource plan a ‘grim’ story for coal sector

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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

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The Richards Bay Coal Terminal has reduced its 2011 export target for the second time this year, citing railage problems.