SA gold mines face second cost-cutting round
South African gold mines may face another round of cost-cutting and possible restructuring as the price of bullion would remain weak in 2014.
Sibanye mineworkers face arrest after violence
Eleven mineworkers at Sibanye Gold's Beatrix mine face arrest for attempted murder and assault.
Petra may mothball Helam mine
Petra Diamonds, the UK-listed diamond company, may put its Helam fissure mine on care and maintenance.
Wesizwe expects H1 basic loss
Wesizwe Platinum expects to report basic earnings per share of between 49 cents and 51 cents for the six months ended June 30, 2010, compared to a basic loss per share of 2.55 cents previously.
MPRDA bill approved by National Assembly
Controversial amendments to the Mineral Resources & Petroleum Resources Development Act could be passed into law before national elections.
AMCU warns of havoc if NUM bid succeeds
AMCU said "havoc and confusion" would ensue if rival union, the NUM, succeeded in challenging its majority status at Lonmin's Marikana mine in a recent court interdict.
Aquarius buys back $125.4m in bonds
Aquarius Platinum, the R3.7bn platinum producer, said today it had bought back $125.4m in convertible bonds.
Anglo may have lost $1.7bn on Amapa
Anglo American has taken a major haircut - possibly as much as $1.7bn - on the sale of its Amapa iron ore mine in Brazil, according to a report.
SA sets aside R5bn for mining, technology
South Africa finance minister, Nhlanhla Nene, set aside R5bn of the country's R1.24 trilliion budget to mining and technology industries.
Botswana to export coal through SA
Botswana will export coal through South Africa and Mozambique whilst it waits for construction of the 1,500km Trans-Kalahari railway.