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Aurora kept waiting for R50m funds

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Aurora Empowerment Systems said it had no word yet on the R50m interim funds expected from Swiss investment group, Global Emerging markets.

Optimum coal earnings expected to jump

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Optimum Coal says it expects its full year earnings per share and headline earnings per share to be more than 20% lower than for the previous financial year.

Jupiter acquisition of Tshipi near conclusion

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-- PALLINGHURST Resources, the investment fund chaired by former BHP Billiton CEO Brian Gilbertson, said Jupiter Mines' acquisition of a 49.9% interest in...

Harmony scraps Evander listing

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Harmony has dropped plans to list Evander but CEO Graham Briggs says the group remains committed to South Africa and there should be no further shaft closures except, perhaps, Merriespruit 1.

Kumba denies influencing licence application

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Kumba Iron Ore has rejected claims by former deputy director-general of the mines department, Jacinto Rocha, that it attempted to influence the granting of a mining licence.

Transnet mulls further coal expansions

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Transnet, the South African transport utility, said it was considering expanding coal line capacity to beyond 81 million tonnes/year, an amount that is already requiring R16bn in expansion capital.

HolGoun is still willing to talk to Lonmin

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The HolGoun Group, whose subsidiary Keysha Investments was awarded a prospecting right over a portion of Lonmin's property in the Bushveld, says has and continues to be willing to find an amicable solution with Lonmin.

More bodies to be retrieved at Aurora

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More bodies are expected to be retrieved after four were pulled out of Aurora's Grootvlei mine in Ekurhuleni, following a shooting three days ago, police say.

PAF to mine Mozambique gold by 2012

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Pan African Resources said it hoped to produce gold from its Mozambican projects by 2012 following completion of a feasibility study.

Impala talks fail, teeters on strike

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Miners at Impala Platinum, the world's second largest platinum producer, edged towards a strike last night as talks for a 10% pay increase fell apart.