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DMR concedes constraints impeded MPRDA

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The mineral resources department acknowledged in parliament this week that its capacity constraints affected the success with which it implemented the MPRDA.

Exxaro’s Thabametsi constrained by TFR

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Exxaro's Thabametsi coal mine is being kept small - for the time being - because the firm is uncertain Transnet can provide it an outlet for more volume.

AMSA says carbon tax to cost R600m a year

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The proposed carbon tax would cost the steelmaker more than R600m with no apparent means of reducing carbon dioxide emissions from steel production in the future.

Eskom eases finance pressure with $1bn bond

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Eskom has eased the pressure on its balance sheet raising $1bn in a bond from investors in Europe and the US in a much-needed fillip for the electricity utility.

DMR defends MPRDA in fiery parliament debate

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The mineral resources department said amendments to the MPRDA would take SA forward - a claim opposition MP, James Lorimer, questioned.

Petra targets 3m carats as gem market firms

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Petra Diamonds said it could produce as much as 3 million carats in the current financial year amid a firm diamond market.

Barrick ‘still a seller’ of African gold unit

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Greg Hawkins, CEO of African Barrick, said the firm's Canadian - Barrick Gold - was still a seller of its stake, but was supportive of the turnaround strategy.

Investment climate chills for Mozambique

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Optimism about mining prospects for the southern Africa country has cooled amid renewed political hostilities and the climb-down in commodity prices.

‘Anglo relationship to SA must change’: Cutifani

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Anglo American was weighing up its relationship to South Africa, a country where it still derives most of its value.

Anglo’s Cutifani targets $1.3bn cash flow lift

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In his first results presentation, Anglo's Mark Cutifani also took the hatchet to management levels and was withering of the group's capital discipline.