MPRDA drifts as Parliament dwells on ignored communities
COMMUNITIES should have a bigger say in the granting of mining licences, prospecting rights, and environmental matters, said Abram Sithole, CEO of the National...
Implats in line for R2.96bn fillip after A-1 court decision
IMPALA Platinum (Implats) is in line to receive a huge cash fillip after a US court awarded the platinum producer $201m, equal to R2.96bn,...
Court dismisses bid to consolidate mining charter actions
A BID to consolidate a legal case declaring South Africa's Mining Charter unconstitutional with an unrelated court application regarding the document by the Chamber...
Coal supply bids for Eskom’s Arnot fail to hit the spot
ESKOM will continue with the temporary arrangement that sees seven different coal companies supply its Arnot power station after a Request for Proposals (RFP)...
Endeavour’s Karma may move output to 600koz + in 2016
ENDEAVOUR Mining estimates its newly acquired Karma project, a property in Burkina Faso, will help boost 2016 production by about 100,000 ounces to just...
Shumba Energy eyes electricity export deal with Eskom
Five years ago, Mashale Phumaphi was an investment banker, braving the London freeze. On one occasion, he was asked to run the rule over...
DRDGold flies after surprise third quarter 38c payout
SHARES in DRDGold were up nearly 12% in early trade on the Johannesburg Stock Exchange after the company paid out a third quarter dividend...
Debt cut, China property sow seeds of market recovery
IT’S perhaps a sign of the confused state of the mining market that two prominent brokerages don’t agree on the meaning of the recovery...
Anglo sells niobium, phosphate assets for $1.5bn
ANGLO American is to sell its niobium and phosphates assets in Brazil for $1.5bn to China Molybdenum Company, a sum that could see the...
Molefe says Eskom wants to chase down mines
ESKOM plans to pursue the coal mines which benefited from state capital expenditure and the cost plus model, said Brian Molefe, CEO of the...