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Tegeta coal prepayment “amounts to fraud”, says Public Protector

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THE relationship between Eskom and the Gupta family's Tegeta Exploration & Resources (Tegeta) is a prominent feature of the Public Protector's report into state...

SA to produce 1mt more manganese ore as price leaps

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SOUTH African production of manganese ore was about one million tonnes (mt) higher this year after Australia cut supplies amid a sharp decrease in...

Diamond market may grow by up to 10% for two years

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DE Beers last month said it had sold $485m worth of diamonds in its eighth sight, where it meets with pre-approved buyers of its...

“Lumpy” Trans Hex delivers profit, share hits two-year high

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TRANS Hex, an alluvial diamond mining company, lived up to the 'lumpy' descriptor given to it by shareholder Piet Viljoen after it delivered a...

MPRDA nudged to upper house with constitutionality untested

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AMENDMENTS to South Africa's Minerals & Petroleum Resources Development Act (MPRDA), which have been sitting in the country's parliament for nearly two years, will...

Sibanye to weigh RPM synergies, but loses Jean Nel who is...

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SIBANYE Gold said it would take a few months to assess Rustenburg Platinum Mines (RPM), the 800,000 ounce per year platinum (4E) company over...

Wescoal puts pay to rocky past as half-year earnings surge

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JOHANNESBURG-listed coal junior, Wescoal Holdings, served notice it was primed for growth through acquisition as it sought a medium-term run-of-mine (ROM) production target of...

SA platinum sector seals deal with AMCU … without strike action

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LONMIN and Impala Platinum (Implats) have joined Anglo American Platinum (Amplats) in a signing three-year wage deals with the Association of Mineworkers & Construction...

Endeavour betting on ‘best quarter yet’ to reach output target

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ENDEAVOUR Mining, a Toronto-listed gold producer operating in West Africa, is betting on its strongest operating quarter yet to take it to forecast full-year...

Keaton hails Moabsvelden as potential game-changer

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MANDI Glad, CEO of JSE-listed coal junior, Keaton Energy, described the award of an integrated water use licence (IWUL) by the Department of Mineral...