SA Govt. offers stark choice to community embroiled in Tendele Coal...
GWEDE Mantashe, South Africa’s mines minister, offered a stark choice to the KwaZulu-Natal community affected by the proposed expansion of Tendele Coal’s Somkhele mine,...
SA mines minister, Gwede Mantashe, claims Sibanye-Stillwater “reckless” with BEE compliance
SIBANYE-Stillwater had fallen foul of the South African government’s empowerment legislation and was not compliant, said Gwede Mantashe, the country’s mines and energy minister.
Speaking...
Northam Platinum in discussions to “accelerate” maturity of Zambezi BEE transaction
NORTHAM Platinum was in discussions to "accelerate" by around four years the maturity of an empowerment transaction it signed in 2015 with Zambezi Platinum.
The...
Mali interim government considering review of mining conventions
MALI intends to review mining conventions signed with companies during the previous administration, said Reuters citing the West African country's interim, President Bah N'daw.
N'Daw's...
AngloGold Ashanti doubles payout rate as third quarter cash floods into...
ANGLOGOLD Ashanti doubled the dividend which it will now pay semi-annually following a third quarter of strong cash flow.
It will now pay 20% of...
Eskom says green finance option in mix as ponders year-end debt...
SOUTH African power utility, Eskom, says it will announce a strategy to manage debt before the year-end which may include 'green finance' which would...
Tendele Coal legal row mired in mutual exclusivity between mining economics...
TENDELE Coal Company says its Somkhele anthracite mine in South Africa's KwaZulu-Natal province has operated for nearly 14 years without hiccough. Now, however, the...
Steady Q3 for Glencore as Katanga ramps up, but coal guidance...
GLENCORE cut coal production guidance for its 2020 financial year 5.7% to 109 million tons (Mt) amid a strike at its Colombian joint venture,...
Implats opens production year in good form, saying pricing “robust” for...
IMPALA Platinum (Implats) kicked off its 2021 financial year in good form saying the impact of Covid-19 related interruptions had been "minimal" in the...
IDC’s Nchocho “optimistic” of solution to Kalagadi Manganese legal standoff
INDUSTRIAL Development Corporation (IDC) CEO, Tshokolo Nchocho, said the organisation was "optimistic" of a good outcome in avoiding a protracted legal argument with Kalagadi...