ANC ditches ISMO, leaves Eskom intact
The African National Congress has abandoned the Independent System Market Operator Bill that would have profoundly restructured SA's electricity market.
Ramatlhodi to accelerate MPRDA changes
South Africa mines minister, Ngoako Ramatlhodi, said he hoped new mining law amendments ought to be in place by mid-year.
Qhena handed third term as CEO of IDC
Geoffrey Qhena was elected CEO of the Industrial Development Corporation for a third term, but his board has a different look with three new appointments.
Universal Coal to make cash distributions
Universal Coal said it was in a position to repay shareholder loans or pay dividends following the successful ramp-up of its Kangala coal mine.
CoAL to receive $14m tranche in April
Coal of Africa said the final $14m installment in a $70m of equity finance would be completed by April with funds being used to settle "historic" obligations.
Merafe posts 18% lower sales in Q4
Merafe Resources said logistical constraints and lower demand were behind an 18% decline in fourth quarter sales of ferrochrome; but production was higher.
Harmony to post 10% lower Dec. Q output
Interruptions at Kusasalethu and Hidden Valley would take production down 10% for the December quarter, the gold producer said.
Davis Commission unlikely to target mining
South Africa was unlikely to impose new taxes on the under-fire mining sector, or introduce new ones, said Deloitte.
Aquarius Pt posts record December output
Aquarius Platinum posted record December quarter production of some 88,794 oz of PGMs after strong performances from its Kroondal and Mimosa operations.
Lace mine to start production in H2
DiamondCorp said its Lace Diamond Project would start production in the second half of the year owing to a six week strike, but was still ahead of schedule.