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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.

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.

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.

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.

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.

Zimbabwe to defy West on diamond sales

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Zimbabwe has vowed to defy moves for international monitoring of diamond sales from its disputed Marange fields at a meeting of the global "blood diamond" watchdog, according to state media.

State allowed to appeal rights ruling

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The state has been granted leave to appeal a high court ruling that some provisions of the minerals act amount to the expropriation of mineral rights.

State mulls legal action against Aurora

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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.