Majali co-accused sent for mental review
Three people accused of fraud alongside controversial businessman Sandile Majali will be referred for mental observation, the Johannesburg Specialised Commercial Crimes Court has ordered
DMR objects to Miningmx report
The department of mineral resources says Imperial Crown Trading does not have any existing issued prospecting or mining rights in the Vaal region.
Eastplats aims to secure $100m debt facility
Eastern Platinum has signed a mandate letter with two financial institutions to arrange and underwrite a $100m corporate debt facility.
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".
Gold One reports record output
Gold One International has reported a record output for the September 2010 quarter.
Absa seeks liquidation of Majali firm
Banking group Absa has applied for the final liquidation of Tshozi Investments, owned by controversial businessman Sandile Majali, according to the firm's legal head.
Ivory Coast opposition focuses on mining
Ivory Coast opposition candidate Henri Konan Bedie has promised to diversify the cocoa-dependent economy into commodities such as oil and gold as he rallied thousands of supporters just days before a presidential vote.
Vele’s development costs soar
Coal of Africa says the cost of developing its Vele Colliery in Limpopo had increased by 27%, due to delays caused by the suspension of development at the mine.
Trans Hex earnings tumble
Diamond producer Trans Hex has reported a first half headline loss per share of 97.2 cents after posting earnings per share of 7.7 cents in the first half of last year.
DRC wins right to sell First Quantum assets
An international court has rejected a bid by miner First Quantum Minerals to fully protect its disputed Congolese assets.