Third party bags Palabora rights
In a new incident related to SA's mining legislation, Palabora Mining Company says a mining right for some of its assets has been awarded to a third party.
Eskom calls for coal market intervention
The government needs to regulate the supply of coal to its power plants to ensure exports of the material do not jeopardise electricity generation, says Eskom.
Eskom plans third new coal station
Kusile and Medupi will not be South Africa's last coal-fired power stations, says Eskom CEO Brian Dames.
ResGen ups Ledjadja stake
Energy group Resource Generation has increased its ownership of the Ledjadja project from 49% to 74%.
Patel’s jobs target ‘not pie in the sky’
The state job growth target for mining, as set out in its New Growth Path, is not unattainable as long as certain key constraints are addressed, says an industry body.
Russia slaps anti-dumping duty on SA
Russia has introduced a three-year, anti-dumping import duty on some flat-rolled steel products from SA.
Eastplats secures R2.1bn equity financing
Eastern Platinum has filed a preliminary short form prospectus in connection with a public offering of common shares to raise approximately C$300m.
NZ Oil and Gas shares fall 30%
Shares in New Zealand Oil and Gas, part owner of Pike River Coal, plummeted 30% as the stock resumed trading four days after a mine explosion left 29 men missing.
Acid drainage proposals out soon
A task team of experts considering proposals to counter an imminent acid mine water crisis in the Witwatersrand will have a report ready by the end of the week.
Gold steady on renewed Ireland worries
Gold is being supported by safe-haven demand, spurred by renewed worries over Ireland's political stability.