ARC writes down Elandsfontein project as Kropz sent back to the...
THE proposed Elandsfontein phosphate mine in South Africa's Western Cape is facing additional delays, said African Rainbow Capital Investments (ARC), the Johannesburg-listed firm which...
Gold bull run could spell bad news for diamond sales, says...
A PROLONGED improvement in the gold price could spell bad news for the diamond sector because diamonds were considered a less effective store of...
Minerals Council looks to medium term policy statement as platform for...
THE Minerals Council South Africa acknowledged rating agency Moody's decision not to de-rate South Africa, but said it was critical the country's government took...
South32 signs hardship clause with Eskom on coal contract, starts work...
SOUTH32 had begun early work on development of a 1.5 million ton (Mt) to two million ton a year export-dedicated thermal coal mine, the...
World Gold Council publishes code encouraging ethical mining for members
THE World Gold Council (WGC) has published a set of guidelines for its members intended to encourage improved environmental and ethical standards, said Reuters.
The...
DRDGold takeover by Sibanye-Stillwater a matter of time, and opportunity: could...
THE improvement in the rand value of gold has given wings to all South African gold shares, including Sibanye-Stillwater - up 93% on a...
SA business confidence plummets to 20-year low as Govt. fails to...
SOUTH African business confidence sank to a 20-year low in the third quarter, according to the RMB/BER Business Confidence Index (BCI) after "an astonishing...
Citigroup adds voice to bulls who think gold is due to...
THE price of gold could reach $2,000 per ounce within two years if US economic growth fades and the Federal Reserve cuts interest rates,...
La Mancha lifts stake in Golden Star Resources to 35%
LA Mancha Holding has tightened its grip over Golden Star Resources, the Toronto-listed gold producer, increasing its holding to 35% from 30% previously.
"We are pleased...
Eskom in “a death spiral”, says Mabuza in presentation to parliament...
SOUTH Africa's state-owned electricity utility company, Eskom, was unable to survive without government support.
This is according to Jabu Mabuza, interim CEO and chairman of...