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Pallinghurst planning “value unlock” as 10-year term rolls up

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PALLINGHURST Resources is exploring "all options available" regarding unlocking "inherent value" of its assets, but this would not extend to an unbundling of any...

Koko cancels coal contract in interests of corrupt-free Eskom

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ESKOM interim CEO, Matshela Koko, described a decision to cancel a coal contract from Just Coal CC to its Tutuka power station as in...

SA political instability a negative for Anglo’s spin-off plans

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POLITICAL instability in South Africa would be "slightly negative" for Anglo American as the restructuring of its local assets might be delayed, but gold...

Mining charter amendments a mystery as March deadline nears

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SOUTH Africa's Chamber of Mines did not have any meetings scheduled with the Department of Mineral Resources (DMR) this week which means it would...

Rockwell suspended amid fight over provisional liquidation order

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TRADING in Rockwell Diamonds' shares has been suspended after a South African court issued an interim liquidation order on March 24 against three of...

Kropz to miss March start-up date for Elandsfontein mine

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WHEN last we left Kropz, a company in which Patrice Motsepe’s African Rainbow Capital has shares, it was targeting March for first production of...

South32 unveils $500m capital return to shareholders

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SOUTH32 today demonstrated the strength of its balance sheet and confidence in its cash generating capability unveiling a stunning $500m capital management programme starting...

Harmony strike at Kusasalethu over, sheds four production days

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A STRIKE at Harmony Gold's west Rand mine, Kusasalethu, was ended this afternoon, but the gold producer had lost between three to four days...

So far, so good for Mgojo as dust starts to settle...

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IT'S nearly two years since Mxolisi Mgojo stepped into the formidable shoes of Sipho Nkosi, the former CEO of Exxaro Resources - one of...

Emerging coal miners bypassing RBCT empowerment scheme

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OPENING up export markets to emerging, black-owned thermal coal miners has been close to the heart of the South African government for many years,...