Coal prices set to rise
Mining production in coal is expected to stabilise over the next two quarters as companies seek to regain the losses incurred during the recent labour disputes, reports BDLive.
Fire halts work at Harmony’s Phakisa, Tshepong
An underground fire has brought operations at Harmony Gold’s Phakisa and Tshepong mines to a standstill.
DRDGold aims for 5% dividend yield
DRDGold says more money may flow to shareholders once its strategic capital commitments come to an end.
LontohCoal seeking R360m for RBCT stake
Unlisted coal development firm, criticized by ANC investors last year, is looking to raise R360m for export entitlement and to prepare for a $1bn Hong Kong listing.
State, ICT to appeal Sishen judgment
THE Department of Mineral Resources and Imperial Crown Trading 289 seek to appeal against the judgment of the Supreme Court in the case over a Sishen mining right.
Diamond fortunes central to Anglo’s future
Following the $5.1bn purchase of the Oppenheimer family stake in De Beers, the
fortunes of the diamond market has become a priority for Anglo American.
Sibanye reserves intact despite gold turmoil
Sibanye Gold says the current gold price will not affect the value of its stated ore reserves.
BHP, Eskom in tussle over environmental levy
BHP Billiton is not prepared to continue paying the environmental levy for the
power its Southern African aluminium smelters consume, says Eskom.
Draft released for indigenisation step change
Zimbabwe's government has confirmed it is developing amendments to its
indigenisation policy so that foreign miners will no longer be compensated for
ceding majority shares to locals.
Northam working again
Northam Platinum has recommenced mining operations after reaching an
agreement to resolve an unprotected strike which has cost the miner R192m in
revenue.