Extent of concessions in Mining Charter due for public release next...
THE Mining Charter adopted by South Africa's Cabinet on September 19 makes important concessions to the country's mining sector, but the fine details - which...
Wesizwe Platinum seeks unlawful declaration of $70m Maseve deal
AFRICA Wide Mineral & Prospecting Company (Africa Wide), a subsidiary company of Johannesburg-listed Wesizwe Platinum, has taken the unusual step of serving papers on...
Golden Star claims Wassa underground bigger than first forecast
GOLDEN Star's Wassa deposit in Ghana may be larger than last estimated in an inferred mineral resources report that identifyied 5.2 million ounces of...
South Africa’s cabinet said to have accepted Mining Charter redraft
SOUTH Africa's cabinet has approved the latest redraft of the Mining Charter with the document due to be gazetted in Parliament as early as...
Harmony to generate R4bn cash, but may yet have to tap...
WHILST companies like South32 would appear to have cash to burn, the same couldn’t be said of Harmony Gold which is in a whole...
Pan African passes dividend, but looks to future with SA bolt-ons
PAN African Resources (Pan African) said the disruption of the 2018 financial year, which resulted in it passing the dividend, was firmly behind it...
Eskom blames strikes, IRP for 45-day delay of strategy blueprint
ESKOM blamed industrial action, failure to make key appointments, and the timing of a government energy policy for the delay in finalising its much-awaited...
Petra’s Dippenaar plays down Tanzania risk despite $14m VAT backlog
THE $800,000 Petra Diamonds had received in VAT refunds from the Tanzanian government was the tip of the iceberg as $14m was still outstanding,...
South32 forecast to generate $3bn in free cash flow from 2020
SOUTH32 has established itself in the global diversified mining resources market as a stock high on investor returns and low on risky merger and...
Mantashe guilty of wishful thinking if Govt is to buy distressed...
IMPALA Platinum CEO, Nico Muller, hastened to clarify at a company press meeting on September 13 that when he said unprofitable Rustenburg shafts could...