Motsepe lays out R48m in share deal
In one of the larger share deals accruing to an individual so far this year,
Patrice Motsepe has exercised share options issued by African Rainbow
Minerals.
Amsa, Highveld face collusion charge
The Competition Commission has referred a collusion case against
ArcelorMittal SA and Highveld Steel and Vanadium to the Tribunal, asking for a
penalty of 10% of turnover.
AMD treatment: The risk of becoming ill
Between 0.0005% and 0.00001% - that’s the risk consumers run of becoming
ill from using water from the purification processes proposed by WUC for
treating acid mine effluent.
Central Rand Gold seeks image makeover
Central Rand Gold is seeking to restore its credibility in the market as it
prepares shareholders for a future fundraising, saying it is working on the
details of a credible long-term strategy.
Gold One, FIU sign binding Ezulwini deal
Gold One International and First Uranium Corporation have signed a binding sales agreement on the transfer of Ezulwini mine.
BHP’s head of iron ore steps down
BHP Billiton's head of iron ore, Ian Ashby, will step down from his position on July 1 after a career of 25 years at the company, says the diversified miner.
Mining policies inconsistent – Cutifani
South Africa's macroeconomic policies, particularly those considered for the mining industry, will erode competitiveness and stall investment, says AngloGold Ashanti CEO Mark Cutifani.
Zimbabwe will pay for indigenisation
Zimbabwe would pay market prices for coal prospects developed by foreign
miners, which the government is entitled to control in terms of its
indigenisation laws.
Anglo American launches R4.2bn Zibulo colliery
Anglo American has officially launched its Zibulo Colliery in Mpumalanga, the first major project to be completed under its empowerment company Anglo American Inyosi Coal.
Pallinghurst to pursue “bargain’ rights offer
Pallinghurst Resources has approved a new rights offering for R800m, priced at
around a third of its net asset value, as the company looks to add coal and
copper properties to its asset base.