Universal Coal readies NCC for production
Universal Coal also said it produced 686,900 run-of-mine tonnes from its Kangala colliery in Mpumalanga province during the third quarter.
Gold Fields to test solar power option
Gold Fields CEO, Nick Holland, said the group will embark on a six month study to see if solar could provide some of its energy requirements.
Implats to lift 2016 platinum output 17%
Impala Platinum will increase production 17% in 2016 as it recovered from a five-month strike at operations in South Africa.
Pouroulis ordered to cough up $4.82m
Loucas Pouroulis, chairman of Tharisa Minerals, has been ordered to pay $4.82m in interest and costs in a lawsuit brought against him by a Cayman Islands fund.
SA gold shares hammered on Fed fears
South African gold shares were hammered on Thursday as the Federal Reserve’s confidence in the US economic outlook diminished the metal’s appeal as a haven.
Glencore to spend $950m at Mopani
Glencore is to invest $950m over three years to expand operations at its Mopani Copper Mines as part of a plan to refurbish assets and lower production costs.
EFF to launch targeted campaign of shutdowns
The Economic Freedom Fighters said it would launch a campaign of targeted shutdowns if certain institutions failed to meet its 30-day ultimatum.
Zuma says SA facing struggle to grow
South Africa faced a "serious struggle" in cutting unemployment and boosting economic growth, said President Jacob Zuma.
DRDGold Q1 gold output down 11%
DRDGold said first quarter gold production would be down 11% and that it would change its reporting cycle to half yearly announcements in order to cut costs.
Zwane hails end of ASA sit-in
South African mines minister, Mosebenzi Zwane, hailed the successful conclusion to an underground sit-in by 200 miners at the property of ASA Metals.