DRDGold to post interim share earnings lift
DRDGold is to report a significant uplift in interim share earnings owing to higher gold production, the company said.
UK miners lifted by US earnings fillip
The fortunes of UK-listed mining companies Anglo American and Verdanta was helped by better-than-forecast earnings from Alcoa, the Canadian aluminium firm.
MPRDA changes may raise mining costs
Amendments to the Minerals & Petroleum Resources Development Act raised the prospect of higher regulatory costs for mining companies in South Africa.
Cosatu to oppose Eskom tariff hike
Eskom's proposed 25.3% increase in the electricity tariff was an attempt to shift the burden of responsibility on to the consumer, said the union body.
CoM says South Africa “making progress’
South Africa was a stable economy and it had made significant progress in the last 20 years, said Roger Baxter, COO of the Chamber of Mines.
AHI says strike poses a national threat
The Afrikaanse Handelsinstituut said that the 20-week platinum strike posed a national threat to national security and the economy.
Harmony to lead ‘intensive investigation’
Graham Briggs, CEO of Harmony Gold, said the company would lead an 'intensive investigation' into the events behind the Doornkop fire in which nine miners died.
Assore full-year headline earnings plunge
Mining holding company Assore reported a 54.7% decline in full year headline earnings per share to 6.241 cents for the financial year to end June 2010 from 13.772 cents for the previous period.
ASA striking workers return to surface
500 of workers who staged a five-day underground sit-in at ASA Metals’ Dilokong mine in South Africa's Limpopo province have returned to the surface.
Eskom chose poorly: Chamber of Commerce
The Cape Chamber of Commerce and Industry said Eskom should not blame contractors when it was the utility's decision-making that led to Medupi overruns.