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Aquarius Pt underwrites BEE shares

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Aquarius Platinum said share price weakness this year had meant it had to provide guarantees to the stock held by its empowerment partners.

Zwane no-show sets him up for formal state capture inquiry

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SOUTH African mines minister, Mosebenzi Zwane, failed for a fourth time to appear before a portfolio committee meeting in Parliament today laying the ground...

More work to be done in mining: Motlanthe

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Kgalema Motlanthe, deputy president of South Africa, said better planning for human settlements and improved training was needed in the mining sector.

Somkhele fires Petmin to 60% earnings rise

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Petmin said headline earnings for the year ended June 30 would be about 60% higher coming in at some 24 cents per share.

Indaba an opportunity for SA mining

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The annual Mining Indaba conference was an opportunity for South Africa to show case its sector amid signs the mines minister was winning some friends early on.

Zim to auction Marange diamonds

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Zimbabwe would set up a diamond auction system similar to the Antwerp diamond bourse in an effort to generate greater profits from its natural resources.

Cote d’Ivoire could be best: Bristow

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Randgold Resources CEO, Mark Bristow, said changes to the country's mining code should encourage investment in order to cement its position as an attractive destination.

IchorCoal lifts stake in Universal Coal

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Universal Coal said shareholder Ichor Coal had exercised its right over preference shares converting them to a total stake in the company of 29.99% from 18.51%.

Miners exempt from Zambia power hike

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Mining firms would be exempt from a sharp increase in the electricity tariff in Zambia, the state owned power utility, Zesco said.

Hwange to double coal production

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Hwange Coal Colleries, the Zimbabwean coal producer, would double monthly production to 300,000 tonnes once it had received new equipment.