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Sables sells resources to Lemur for $600,000

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Sable Metals and Minerals is to sell three projects to Lemur Resources for $600,000, a consideration to be paid in tranches.

5.2 magnitude earthquake hits Orkney

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An earthquake centered 6km from Orkney in South Africa's North West province shook buildings in Johannesburg and Pretoria and as far away as KwaZulu-Natal.

Platinum tax will punish Zim industry

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A 15% levy on unrefined platinum from Zimbabwe would make the platinum industry uncompetitive, the country's Chamber of Mines told a parliamentary committee.

Eskom to borrow from Brics bank

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Eskom will borrow from the newly created Brics development bank when it is fully operational, said Brian Molefe, acting CEO of the utility.

MPRDA bill unlikely to be passed soon

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The Minerals & Petroleum Resources Development Amendment bill was unlikely to be passed this year as parliament rises on November 8.

RBPlat has no interest in disputed farms

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Royal Bafokeng Platinum said it had no interest in mining farms near Rustenburg in which the Mogono and Maile communities had an interest.

NUM to recommend improved gold wage offer

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The National Union of Mineworkers will recommend an improved wage offer from gold mining companies but believed the increase was still unfair.

Unions must stick by rules: Mantashe

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Gwede Mantashe, secretary-general of ANC, said South Africa's unions must abide by the rules when recruiting new members.

Glencore settles annual Japan coal contract

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Glencore and Tohoku Electric Power Company have agreed a coal price of $67,80 per tonne of coal exported from Australia.

Solidarity declares wage talks dispute

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Solidarity declared a dispute in coal wage negotiations after turning down a 7% offer from the Chamber of Mines.