Eskom recovers Tegeta coal prepayment after 1.25mt delivered
ESKOM said it had recovered the cost of pre-paying Tegeta Energy & Exploration (Tegeta) for the delivery of 1.25 million tonnes of coal to...
Acacia full-year output target not disturbed by plant outage
ACACIA Mining expected to achieve its full year production target of between 750,000 to 780,000 ounces despite an interruption at Bulyanhulu, a mine in...
Amplats adds GTL firm to investment programme
ANGLO American Platinum (Amplats) has invested in a gas-to-liquids company that also produces hydrogen in such a way that it would lower the cost...
Master Drilling targets doubling in market value by 2018
MASTER Drilling is a tidy little business. Since listing in Johannesburg in 2013, the company has lifted dollar-denominated pre-tax earnings from its debut $35m...
Endeavour uncovers “significant” extension at Ity mine
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
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
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...
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
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
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...