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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.

Assets of troubled miner for sale

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Pamodzi Gold's assets have been put up for sale by its liquidators, according to newspaper advertisements.

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.

Num rejects 4% wage hike offer

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The National Union of Mineworkers has rejected a 4% pay rise offer from gold companies.

MPs pinpoint three acid drainage mines

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Parliamentarians examining the environmental threat of acid mine water on the Witwatersrand are focusing their attention on three mines.

Simmers to cut 1,200 jobs at Buffelsfontein

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Simmer & Jack Mines says it may cut almost a third of its workforce at Buffelsfontein mine ahead of the group's merger with Village Main Reef.

Simmers sinks fangs into Village

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Simmer & Jack has outraged investors one last time with a dismal set of financial figures, causing a collapse in the share price of new proprietor Village Main Reef.

Rio confirms plan to sell Riversdale’s ZAC

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Rio Tinto will sell Riversdale’s Zululand Anthracite Colliery once it has completed its takeover of the junior coal firm.

‘Scared’ miners do most for upliftment

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Some Zimbabwean mines have the best regional social projects - probably because mining groups operate in fear of the country’s government, says a research group.

DiamondCorp issues shares for cash

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Diamond development and exploration group DiamondCorp Plc will place over 26 million new ordinary shares to raise about £3.48m, it says.