SA strike tremors serve as ominous reminder
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
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
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
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
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.
Wesizwe Pt says capital escalation possible
Jianke Gao, CEO of Wesizwe Platinum, says his company can't discount further calls on capital but that shareholder, Jinchuan, remained supportive.
Godongwana says higher mine taxes possible
Enoch Godongwana, head of the ANC's economic transformation committee, said the mining sector may well attract more taxes.
Govt nears deal on foreign-backed steel venture
South Africa's government said new steel capacity promising developmental pricing was imminent, and potentially backed by international investors.
Gigaba calls on coal miners to compromise
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
The consolidation of platinum properties into Sedibelo Platinum Mines clears the way for the IDC's R3.24bn investment, said Palllinghurst Resources.