Funding for R220m ERPM sale finalised
DRDGold would double its cash balance once it had sold mineral rights in ERPM, a transaction that had now received funding.
SA facing “difficult choices”: Pravin Gordhan
South Africa faced difficult choices amid a slide in commodity prices and risk aversion to emerging markets, said finance minister Pravin Gordhan.
EFF throws weight behind Eskom in Exxaro BEE row
THE Economic Freedom Fighters (EFF) has thrown its political weight behind Eskom saying that coal supplier, Exxaro Resources, should be black-controlled before supplying coal...
Ramatlhodi to visit Harmony’s Kusasalethu
Ngoako Ramatlhodi, South Africa mines minister, is to visit Harmony Gold's Kusasalethu mine where an underground fire endangered the lives of 486 miners.
AMCU to serve strike notice at Sibanye Gold
THE Association of Mineworkers & Construction Union (AMCU) is to serve notice of its intention to strike from Wednesday at the facilities of Sibanye...
Sentula to raise R106m through rights issue
Earth-moving and exploration drilling company, Sentula, is to tap shareholders for R106m in funds through a rights issue.
Workers call end to Northam strike
The one week strike at Northam Platinum's Zondereinde mine was called to a halt with the night shift on January 20.
BHP optimistic on metals demand growth
BHP Billiton was bearish on commodity prices but optimistic demand for minerals would continue to grow owing to the rise of the Asian middle classes.
Mahanyele to quit Shanduka Group
Phuti Mahanyele is to leave Shanduka Group in June after 10 years at the company in order to start her own business.
Gold sector employment could fall 43%
The South African gold sector could see employment numbers fall by 43% in ten years owing to increasing cost pressures.