SA parliament mum on MPRDA limbo
A third of the year has passed and yet the Mineral Resources & Petroleum Development Amendment bill has yet to be revisited by anyone in parliament.
Evraz Highveld slides into business rescue
Attempts to stage an operational turnaround at the steelmaker fail as it announces it has run out of funds and will go into voluntary business rescue.
Amplats spin-off given short shrift
The prospect of Amplats listing its non-core assets in a partial unbundling has been questioned by a UK analyst who said investors would be foolish to buy it.
Keaton lifts output despite Vaalkrantz coal theft
Stock theft at the KwaZulu-Natal colliery resulted in the replacement of the operation's management team, but full-year output was nevertheless increased.
Africa’s mining codes too fluid for comfort
Mark Bristow, CEO of Randgold Resources, said the continent's mining codes often overlooked lessons from history.
Gold Fields agrees 10%, 3-year wage lift
Gold Fields is to pay an average 10% a year wage increase to 3,500 employees at its South Deep mine for three years.
WCC buys time as seeks ‘third party’ bail-out
Standard Bank has agreed to maintain a A$35m loan to Waterberg Coal Company whilst it finalises a third party refinancing of the facility.
NEMA to give firms impetus, say attorneys
The mining charter audit showed miners also failed sustainability targets, but attorneys think that the newly promulgated NEMA can help the sector.
NUM weighs mass action against charter ‘travesty’
The National Union of Mineworkers said it may protest against the declaratory order judging certain outcomes of the mining charter.
DRDGold BEE practical, but not a precedent
Niel Pretorius, CEO of DRDGold, said the government's approval of the firm's BEE transaction at Ergo was a practical outcome, but it did not set a precedent.