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Godongwana says higher mine taxes possible

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Enoch Godongwana, head of the ANC's economic transformation committee, said the mining sector may well attract more taxes.

Wesizwe Pt says capital escalation possible

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Jianke Gao, CEO of Wesizwe Platinum, says his company can't discount further calls on capital but that shareholder, Jinchuan, remained supportive.

SA endorses iron ore, steel export levy report

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South Africa's cabinet endorsed a report supporting the notion of export levies on iron ore and steel in an effort to ensure development pricing.

Gigaba calls on coal miners to compromise

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Minister of public enterprises, Malusi Gigaba, says he'll support declaring coal a national asset but thinks a national pact on coal price inflation is a better option.

Pallinghurst clears way for R3.24bn IDC stake

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The consolidation of platinum properties into Sedibelo Platinum Mines clears the way for the IDC's R3.24bn investment, said Palllinghurst Resources.

Gem dispatches Ellendale mine

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Gem Diamonds surprised the market by selling its Ellendale mine in Australia after earlier this year suspending the process as bids were too low.

Ncondezi Coal presses ahead with $627m mine

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Ncondezi Coal said a study found a 18 milliion tonne/year thermal coal mine in Mozambique feasible as it anticipates the country's power boom.

Platinum IPOs suggest better days lie ahead

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The listing of IvanPlats in Toronto and Sable Platinum in Johannesburg shows that enterpreneurs and investors in platinum are not in short supply.

IDC denies it has plans to unseat Amsa

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The Industrial Development Corporation defends its decision to buy Scaw Metals as a defensive strategy aimed at fuelling beneficiation and creating employment.

Lonmin faces credibility crisis at Marikana hearing

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Joseph Mathunjwa, president of Amcu, said Lonmin broke a promise to speak to miners in the day before the massacre of 34 miners at the Marikana mine.