Universal buys Exxaro’s New Clydesdale
Universal Coal said it would buy Exxaro Resources' New Clydesdale Colliery which was adjacent to its Roodekop operation.
CoAL wins mining licence for Makhado
Coal of Africa said it had been awarded a new order mining right that will pave the way for the development of its 2.3 million tonne/year Makhado project.
BHP’s Mackenzie fearful of iron ore glut
Andrew Mackenzie, CEO of BHP Billiton, said he was fearful of capital waiting in the wings for further iron ore expansion.
KEFI to mine Ethiopia for gold, silver
KEFI Minerals is to mine gold and silver in Ethiopia after taking over the exploration rights of the Tulu Kapi project from Australia's Nyota Minerals.
Glencore ‘pleased’ with Optimum transaction
Glencore declared itself satisfied with the terms of the sale of Optimum Coal, in which it has a controlling stake, to Tegeta Exploration and Resources.
Guinea to build $2bn hydroelectric dam
Guinea was in talks with China International Water & Electric Corporation to build a $2bn hydroelectric dam that would boost its bauxite mining ambitions.
Gold firms, NUM finalise wage deal
South Africa's gold producers confirmed widely expected news that they had signed an 8% wage increase with the National Union of Mineworkers.
Sibanye’s mine restarts after union pact
Sibanye Gold said it would conduct an investigation into violence on its Beatrix mine which lost about R23m in revenue following a two-day shut-down.
SA economy grows at slowest rate since 2009
South Africa's economy grew at the slowest rate in the first quarter since the 2009 economic recession with labour and power outages considered key risks in the future.
SA minister slams Majali case
Public Service and Administration Minister Richard Baloyi has admitted that the hijacking of Kalahari Resources created a "perception driven cloud of mistrust on our company registration systems".