Molefe says miners underpay coal juniors
A bruising battle between Transnet CEO, Brian Molefe, and shareholders in RBCT continued with Molefe saying miners underpaid junior coal miners.
Resource rents back on agenda
The issue of resource rents and super profits tax raised its head again in meetings by the ANC and the South African Communist Party.
Eskom needs R15bn to reduce downtime
Brian Molefe, CEO of Eskom, said the power utility needed an additional R15bn in revenue derived from a tariff increase in order to pay for critical supplies of diesel.
BHP Billiton raises iron ore total to 217mt
BHP Billiton lifted its full-year iron ore production target 2% to 217 million tonnes after beating analyst expectations for output of the steel feed ingredient in the March quarter.
Miners must maintain 26% BEE level
South African mines minister, Ngoako Ramatlhodi, said he did not subscribe to the once-empowered, always-empowered principle.
Diamond weakness over, says Elphick
Weakness in diamond prices was coming to an end, according to Clifford Elphick, CEO of GEM Diamonds.
High Court supports DA, EFF in blocking Molefe Eskom return
SOUTH Africa's High Court (Pretoria) has granted an order brought by political parties, the Democratic Alliance and the Economic Freedom Fighters (EFF) preventing Brian...
Iron ore prices at “pain point”, says Albanese
The price of iron ore has fallen 42% this year, a level that former Rio Tinto boss, Tom Albanese, said represented a "pain point" for high cost producers.
Lonmin to keep mine open for second day
Lonmin said it would keep its operations open for a second day in an effort to break a strike now in its 16th week.
Lungu illness creates Zambia uncertainty
Edgar Lungu, the recently elected president of Zambia, has been diagnosed with a rare disease that has created more uncertainty for the country.