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Govt unveils ‘radical’ plan to reshape SA coal

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More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.

Implats rejects Zim delay tactics, amends deal

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Implats says leaked papers are "an internal discussion" on indigenisation and that it has amended its proposal to vendor-finance the sale of Zimplats.

SA strike tremors serve as ominous reminder

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Atlatsa said the long-standing strike at its Bokono Mines had ended, but renewed strike ructions serves as reminder of the parlous state of mine labour relations.

Partitioned rights key in MPRDA amendment

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Amendments to minerals legislation would allow miners to subdivide properties, a function where they have been making their own way until now.

Exxaro’s Nkosi books R7.9m in share sale

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Sipho Nkosi, CEO of Exxaro Resources, sold shares in his company despite the stock hitting a three month low last week on a forecast earnings could fall a fifth.

Pallinghurst flies to defence of 10-year plan

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Arne Frandsen, CEO of Pallinghurst, says shareholders understand how the firm is adding value notwithstanding the deep discount at which its shares trade.

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.

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.

Govt nears deal on foreign-backed steel venture

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South Africa's government said new steel capacity promising developmental pricing was imminent, and potentially backed by international investors.