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Simmers needs Tau Lekoa badly

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After the latest set of poor results profitable production from Tau Lekoa seems the only thing that will put Simmer and Jack Mines on a path to financial stability.

Pan African FY earnings up by 106-116pct

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Pan African Resources, says it expects its full year earnings per share to be between 106% and 116% higher than those for the previous corresponding period.

Eskom makes provision for strike

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Power utility Eskom says that it has contingency plans in place, should it face strike action, but unions say they are reluctant to take the striking option.

Imperial Crown seeks Sishen access

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Imperial Crown Trading 289 has advised Kumba Iron Ore it wants to access the Sishen mine site to investigate ways in which it can exercise its prospecting rights.

Criminal miners may be behind Phakisa explosion

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Harmony Gold Mining has hinted that criminal miners might have been behind last week's explosion at its Phakisa mine in the Free State.

Randgold shares fall 60pct on unbundling

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Shares in Randgold & Exploration have shed 60.64%, or R8.55, as the company continues its unbundling process.

Anooraq to change name

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Platinum exploration firm Anooraq Resources on Friday announced that it planned to change its name to Atlatsa Resources Corporation to reflect the South African focus of the company.

Three killed at Harmony’s Phakisa mine

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Harmony Gold has reported three fatalities at its Phakisa mine in the Free State.

Zimbabwe investigates New Dawn, CAG deal

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Zimbabwe is probing New Dawn Mining Corp's acquisition of Central African Gold (CAG), a deal which a top ally of President Robert Mugabe says is against the country's empowerment law.

DiamondCorp earnings slump 47pct

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Emerging diamond producer DiamondCorp has reported a 47% drop in headline earnings per share to 6.15 pence for the year to end December 2009 from 11.55 pence a share previously.