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Randgold inks Cote d’Ivoire exploration JV with Newcrest

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RANDGOLD Resources and Newcrest Mining are to jointly explore for gold in "an areas of interest" in Côte d’Ivoire, the UK-based gold exploration and...

Demerger would circumvent Anglo’s SA coal sale complexities

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SHARES in Anglo American have charged up an astonishing 250% since January assisted by the surprising recovery in metal prices and improved volumes in...

CoM concerned about governance of new tax collection body

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THE Chamber of Mines has laid into a Department of Mineral Resources (DMR) proposal in the newly redrafted mining charter that seeks to impose...

Van Rooyen acting for Zwane is normal says DMR

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SOUTH Africa's Department of Mineral Resources (DMR) confirmed Des van Rooyen had been nominated acting mines minister whilst incumbent Mosebenzi Zwane attended to business...

Mining charter to toll 1% revenue ‘tax’ for communities

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ONE new aspect of the mining charter, due to be published in Parliament next month, is a 1% levy on revenue over two years...

SA mining charter talks “flawed” and “limited”: Chamber of Mines

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DISCUSSIONS regarding a fresh version of South Africa's mining charter were "flawed" and failed to absorb industry concerns, said Roger Baxter, CEO of the...

Ambitious 81mt/year export coal target iced by Transnet

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TRANSNET’S plans to boost export coal deliveries to 81 million tonnes a year (mtpa) has been quietly shelved. CEO, Siyabonga Gama, told Miningmx on the...

Misfortune, mishap forces DiamondCorp into business rescue

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DIAMONDCORP'S Lace diamond mine would be placed in business rescue after misfortune heaped upon mishap had made it impossible for the project to reach...

Tegeta can’t unilaterally end coal supply contracts, says Eskom

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IT was unlikely that Tegeta Exploration and Resources (Tegeta) would be able to cancel domestic coal supply contracts with Eskom, said the South African...

Eastplats deepens loss after spending R31m in legacy issues

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EASTERN Platinum (Eastplats), a Canadian company now under the control of Chinese investment firm, Ka An Development Company (Ka An), said it had spent...