CoM’s Teke backs Molefe for Eskom position
Mike Teke, president of the Chamber of Mines, said acting Eskom CEO, Brian Molefe, ought to be offered the job on a full-time basis.
Doornkop shut as fire adds to jobs woe
A fire broke out at Harmony Gold's Doornkop mine, where production is now suspended, only days after the firm said it would restructure the operation.
Trans Hex caps good year with 10c/s payout
Trans Hex paid a full-year 10c/share dividend following up its earlier 50c/share special dividend capping a strong showing in the year to March.
Harmony confirms restructuring at Doornkop
Doornkop may follow Kusasalethu as the next Harmony mine to face restructuring after the firm issues a Section 189 notice to employees.
S32 tipped to spring surprise payout
South32 could pay as much as 70% of earnings which is why analysts think the company will add rare esprit to the depressed state of mining equities.
Cutifani to chair Anglo SA as national crisis grows
Mark Cutifani, CEO of Anglo American, will chair the South African business at a time when regulatory and infrastructural crisis grips the country.
Rockwell shelves equity finance for Remhoogte
Rockwell Diamonds has abandoned an equity financing for its Remhoogte/Holsloot Project in favour of bridging finance and lowers the acquisition cost some 24%.
Implats calls off Marula sale, looks to expand
Impala Platinum has abandoned plans to sell its 78,500 oz/year Marula platinum mine saying, instead, it will expand the operation.
SA shale gas reserves face downgrade
South Africa is due to gazette regulations related to shale gas exploration, but its Parliament today heard of possible downgrades to reserves.
Ivanhoe to sell Kamoa share in $412m Zijn deal
Ivanhoe Mines is to sell 49.5% of its Congo copper project Kamoa to China's Zijn Mining Group for $412m which will also raise 65% of first phase capital.