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Endeavour uncovers “significant” extension at Ity mine

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ENDEAVOUR Mining expected to publish a maiden resource statement on an extension of its Ity mine in Côte d'Ivoire in the fourth quarter following...

Tegeta deal with Vitol would damage RBCT’s BEE endeavours

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THE difficulty Richards Bay Coal Terminal (RBCT) finds itself in is that it may prove very costly to preserve its black economic empowerment (BEE)...

RBCT acknowledges Guptas trying to sell coal rights to Vitol

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RICHARDS Bay Coal Terminal (RBCT), today acknowledged for the first time there was a proposal to sell shares in the facility to Vitol, a...

Amplats output to be 100,000 oz lower as furnace leaks at...

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ANGLO American Platinum (Amplats) said metal production for its 2016 financial year would be up to 100,000 platinum ounces lower than 2.3 to 2.4...

SARS takes Kumba tax claim to R6.5bn after 2011 review

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KUMBA Iron Ore (Kumba) said its potential tax liability may increase by at least another R1bn following a review of a subsidiary's 2011 tax...

Rockwell hooks CEO Campbell after board reviews projects

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JAMES Campbell has resigned from Rockwell Diamonds where he was CEO for about five-and-a-half years following a strategic review of the business which focused...

South32’s Kerr says firm would not seek new coal investments

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SOUTH32 CEO, Graham Kerr, said the Perth- and Johannesburg-listed group would not seek out new coal investments as there was a growing investor preference...

Syndicates are biggest task in fight against illegal mining: Zwane

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SOUTH African mines minister Mosebenzi Zwane identified "getting to" syndicates as one of the Department of Mineral Resources'(DMR's) biggest tasks in stamping out illegal...

Illegal miners in Kimberley may threaten Petra Diamonds’ viability

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AN invasion of more than one thousand illegal diamond miners – zama-zamas - in South Africa's Northern Cape town of Kimberley is threatening the...

Harmony tempers JV partner’s SA gold discovery exuberance

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IN a divergence between the way exploration and production firms see the future, Harmony Gold has tempered comments by joint venture partner White Rivers...