MPRDA change may dent Aquila $480m projects
Aquila Resources says its manganese and an iron ore projects in the Northern Cape and Limpopo provinces might be dented if certain MPRDA changes were made.
Pan African books Evander Mines lift
Pan African Resources benefited from four months of income from Evander Mines, but now has to set about ameliorating at least a year of low grades at the asset.
Aquarius’ Nel proposes cash for shares salary
Jean Nel, CEO of Aquarius Platinum, has proposed receiving shares over cash while the board wants non-executive directors to take a 10% haircut on their fees.
Sibanye pays dividend despite strike risk
Sibanye Gold made good on promises to return cash, but the risk of an unprotected strike at its Driefontein mine has increased after AMCU turned down an 8% offer.
Gold Fields acknowledges SEC probe
Gold Fields acknowledged that the US Securities Exchange Commission was to investigate the group's South Deep empowerment transaction.
GlencoreXstrata to seek Johannesburg listing
GlencoreXstrata, the £42.4bn mining giant, is to seek a secondary listing on the JSE as it viewed Africa as an important market and SA investors as 'influential'.
Mwana cites need for ‘specialist’ Wellesley-Wood
Mwana Africa defended the appointment of Mark Wellesley-Wood as its chairperson saying he had market, operational and financial experience.
AMCU members give Mathunjwa strike mandate
There's trouble on the horizon as Association of Mineworkers & Construction Union (AMCU) members give leader Joseph Mathunjwa a mandate to call a strike.
Petmin delists from AIM, takes write-down
Petmin's anthracite mine, Somkhele, performed well in the second half, but it had disappointing news on its pig iron endeavours, while its UK listing would be ended.
NUM strike is drawing to close, say reports
Reports continue to suggest the NUM is calling an end to a gold industry strike after a pay offer of about 8% is being discussed.