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Prospecting licence moratorium lifted

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An eight-month moratorium on the granting of prospecting licences has been lifted in all provinces except Mpumulanga, Minerals and Resources minister Susan Shabangu says.

Unions query Aurora rescue deal

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Trade unions are sceptical about why a Chinese investor would plow R685m into a run-down mine.

SA battles reinforcing steel shortage

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Delays are feared with big construction projects as the main suppliers are limiting the key component.

Mines face shutdown over deaths – report

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The National Union of Mineworkers may reportedly shut the mining sector down for a day to protest a recent surge in mining deaths.

Eskom plant gets US nod

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Despite opposition by green groups, the US Export-Import Bank has given initial approval to help fund the Kusile coal plant in Mpumalanga.

Coal rail closure to hit exports

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Coal exports will be hurt by Transnet’s shutdown of the Richards Bay coal line for 20 days.

Gold retreats from new record high

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The gold price steadied off a record high as the dollar firmed against the euro although renewed eurozone debt concerns may bolster gold again.

Grootvlei: SAHRC asks minister to step in

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The SA Human Rights Commission has asked Mineral Resources Minister Susan Shabangu to intervene in the plight of miners at the Grootvlei mine in Springs.

Gold Fields buys out Iamgold in Ghana

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Gold Fields will buy out the interests of minority partner Iamgold in its Tarkwa and Damang mines in Ghana for $667m in cash.

Glencore seeks up to $12bn in bumper IPO

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Commodities giant Glencore is taking advantage of a resources boom in a London and Hong Kong offering.