Chinese plunge into marginal projects
Hong Kong-listed Wing Hing International is pushing ahead with the R4bn acquisition of two marginal South African gold projects on the back of some highly optimistic projections.
Universal Coal takes 40% of Berenice
ASX-listed Universal Coal says it has achieved a direct ownership of 40% in the Berenice coking coal project.
Coal sector wage talks fail
Wage talks to end a coal mining strike have ended without a deal being reached, says the National Union of Mineworkers.
Gold miners set to strike
Tens of thousands of gold miners will stop work on Thursday, adding to a wave of strikes and potentially costing the gold mining sector $25m a day in lost output.
Namibia’s mining body warns over new tax
Namibia's Chamber of Mines wants the government to reconsider plans to impose a further 17% tax on exploration and mining firms.
Wits Gold mulls DMB spin-out
Wits Gold is considering its options on the DBM-project, which is nearing development, saying it wants to unlock the value of the group's other exploration assets.
Pan African agrees to 11% wage hikes
Pan African Resources has concluded negotiations with the National Union of Mineworkers on wages and other conditions of employment.
Hawks raid DMR, ICT over Sishen
The Hawks have raided offices of the DMR and Imperial Crown Trading as part of an investigation into the decision to award ICT a 21.4% prospecting right over Sishen mine.
Wage talks for coal sector set to resume
Talks to end the coal sector strike were set to resume on Thursday, says the National Union of Mineworkers.
CRG reports progress on draining mines
Central Rand Gold has reported progress on its proposed plan to stop and partially treat acid mine drainage at its operations in the Central Rand Basin.