Acid drainage costs surge to R2.2bn
THE cost of dealing with acid mine drainage in the Witwatersrand has escalated
to R2.2bn, says Minister of Water and Environmental Affairs, Edna Molewa.
Zimbabwe courts investors Down Under
A Zimbabwean government official has told an Australian audience his country
is a promising mining investment destination in need of partners and
capitalisation.
Harmony told it’s “too small’ for Wafi-Golpu
On a day when Harmony Gold wanted to show off new detail about its game-
changing Wafi-Golpu resource, the company ran into scepticism over its
strategy for the asset’s development.
Pan African sells Manica
Pan African Resources has finally sold its Mozambican gold project, Manica, in a cash and shares transaction potentially worth R52.5m, the company says.
Shabangu carries on beating SA’s drum
South Africa’s mining industry is still open and ready for business, Minister of
Mineral Resources Susan Shabangu tells an Australian audience.
DRDGold looks beyond gold
DRDGOLD wants to extend its surface mining footprint beyond gold, saying very
few players can match its technology to extract earnings from mining dumps in
high-volume environments.
DRDGold posts FY earnings surge
DRDGold has reported a 53% increase in full-year operating profit to R622m
from its Ergo asset, leading the gold producer to a 259% increase in headline
earnings per share.
Lonmin edges lower as no-shows continue
Lonmin’s shares inch further down as the company reports attendance figures of
8% - fewer than one in 12 of the group’s 28,000 workers.
Can Aquarius Platinum survive?
The malaise in the platinum group metal sector has had a greater effect on
Aquarius Platinum’s share price than the global economic crisis.
CoM, DMR seek centralised negotiation forums
THE Chamber of Mines, together with the ministries of labour and mineral
resources, are actively seeking a centralised negotiation forum for the platinum
and gold industry.