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Absolute warns of one fifth losses

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Absolute Holdings, due to be renamed Bauba Platinum, said full-year headline losses could be as much as one fifth higher.

Ergo a winner for DRDGold

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The Ergo project is now delivering healthy profits for DRDGold with more to come as the fine-tuning is completed and it will also extend the lives of the Crown and City Deep treatment plants

Resgen secures offtake from coal mine

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Resource Generation took an important step forward in developing its Boikarabelo coal mine in the Waterberg after signing an offtake agreement.

Eskom: Medupi has not been delayed

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Eskom has dismissed claims that SA faces a dire situation because of delays with the Medupi power station.

SA govt approves Rios, CoAL swap

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A farm swap between Rio Tinto, the UK miner, and Coal of Africa Ltd has been approved which CoAL boss John Wallington said would lead to larger project developments.

Gold Fields to up South Deep output 25 percent

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Gold Fields believes its South Deep mine, on the west Rand of the Witwatersrand, can produce one million oz/year.

Wesizwe partner mismanaged accounts

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Millions of rands can't be accounted for by the Bakubung-Ba-Ratheo, Wesizwe Platinum's empowerment partner.

Absa caught up in ‘hijack’ tangle

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Banking group Absa is the second blue-chip company to become caught up in the alleged hijacking of Kalahari Resources by Sandi Majali.

Majali absent as Kalahari case starts

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Sandi Majali was allegedly 'out of the country' as a court convened to hear allegations and defence that he illegally removed Kalahari Resources directors.

Majali controversy extends to Anglo

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Allegations connecting Sandi Majali to certain company hijacking took a serious turn on Friday after it was discovered Anglo American representatives have been usurped from a firm Majali now controls.