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AngloGold’s Venkat confident mining charter will be ‘modified’

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ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, said he had "high expectations" that discussions with the South African government would result in a modified version of...

Resgen inks R2.1bn contract for Boikarabelo coal venture

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RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development firm, edged closer to securing more than $400m in capital funding for its six million...

AMSA Saldanha Works viable, but company still on knife-edge

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ARCELORMITTAL South Africa (AMSA) said its Saldanha steelworks was viable following a review of the operation, but added that the sustainability of the company...

AngloGold takes Obuasi social crisis to US arbitration

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ANGLOGOLD Ashanti has sought international arbitration in order to save operations at Obuasi following a deterioration in security at the mine, situated in Ghana. In...

Eskom also responsible for above-inflation coal hikes

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A PROPOSAL by the National Energy Regulator of South Africa (Nersa) to benchmark the price of coal Eskom buys from mining companies will add...

Metallon battles against power faults, new currency regime

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INCESSANT power outages have stymied Metallon Gold's operations in Zimbabwe after the gold producer saw production fall 15% in the March quarter. Some 4,275...

Randgold facing job of work to meet 1.25m oz target

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RANDGOLD Resources would have to record average quarterly production of 320,000 ounces over the next three quarters if it was to meet the bottom...

MPRDA drifts as Parliament dwells on ignored communities

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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

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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

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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...