Moody’s waiting on structural reform, elections before deciding SA credit rating...
MOODY'S Investors Service had given South Africa the benefit of time in order to conclude national elections and implement structural reforms before making a...
AngloGold to comply with DMR directive on empowerment share deal
ANGLOGOLD Ashanti is to amend mining rights following two empowerment transactions that may have contravened black economic empowerment rules, said Bloomberg News.
The alleged contravention...
Zimbabwe seeking 30% power tariff increase or country faces interruptions
ELECTRICITY costs in Zimbabwe could increase by as much as 30% after the southern African country's power utility, ZESA Holdings, applied to the energy...
AMCU may be heading for another bloodied nose as appeal on...
IT will be a miserable first day back in the office for Lonmin should the Association of Mineworkers & Construction Union (AMCU) succeed tomorrow...
Base Resources will consider equity participation in $439m Toliara project
BASE Resources would consider an equity partner for its Toliara mineral sands project in Madagascar which had "logic and appeal', but it was not...
Mantashe slams Minerals Council, saying judicial review is excuse to cut...
SOUTH Africa’s mines minister, Gwede Mantashe, said a decision by the Minerals Council South Africa to seek a judicial review on the Mining Charter...
Petra’s 425 carat Cullinan recovery a ray of light, sparks share...
THE discovery of a large 425 carat diamond at Petra Diamonds’ Cullinan mine in South Africa was today described as a positive financial boost...
Shanta to finance $19m Singida with listing on Dar es Salaam...
SHANTA Gold is to list on Tanzania's Dar es Salaam Stock Exchange (DSE) in an effort to raise $20m for the development of its...
Golden Star considering increasing mining rate at “world class” Wassa
GOLDEN Star Resources, the company in which Naguib Sawiris' La Mancha Resources took a 30% stake last year, increased the mineral reserve of its...
Sibanye-Stillwater not seeking fresh capital for uncertain, strike-hit SA mines
NEAL Froneman, CEO of Sibanye-Stillwater, said the company would not seek new capital for its South African operations whilst the environment remained uncertain.
The Minerals...