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Sasol to explore for gas, oil in KZN

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Sasol Petroleum International was won a permit to drill for gas and oil reserves in South Africa's KwaZulu-Natal province.

NUMSA plans national strike to change mining

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The National Union of Metalworkers of South Africa is planning a one day national strike to press home changes to the mining sector including increased beneficiation.

Coking coal market to remain ‘muted’

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The coking coal market would remain challenging owing to muted demand and oversupply from competitors, BHP Billiton said.

Gecamines seeking $160m to fire staff

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The Congo state owned base metals miner, Gecamines, required $160m to fire 6,000 people, about half of its staff.

Northam progress R450m Everest deal

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The first R400m part of the R450m purchase of Everest mine from Aquarius Platinum by Northam Platinum had become unconditional.

Areva waiting on final deal with Namwater

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Areva SA was in advanced discussions with Namibia's Namwater about supply to the uranium operations in Erongo region.

Duvha incident won’t lead to loadshedding

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The over pressurisation of a boiler at Eskom's 3,600MW Duvha power station was unlikely to lead to renewed load shedding, the power utility said.

Rescue halted as miners fear arrest

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Illegal miners are refusing to be rescued following the collapse of the gold mine shaft they had occupied because they fear arrest.

Gold Fields slips out of JSE’s Top 40

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Gold Fields has been taken out of the Top 40 index which suggests the stock could come under pressure.

Moody’s warns on iron ore price falls

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Iron ore prices may have further to fall and could result in ratings adjustments of producers of the mineral, said Moody's.