Shanta targets net cash in 2019 if $19m in VAT paid...
SHANTA Gold expected to continue cutting net debt as production from its New Luika mine in Tanzania became more profitable - a function of...
Jonas, Nel joined Northam board as non-executive directors
FORMER deputy finance minister for South Africa, Mcebisi Jonas, has joined the board of Northam Platinum as an independent non-executive director, the company said...
Mining Charter to be ready in November after comments deadline closes
SOUTH Africa's government said it would begin the process of consolidating comments on the draft Mining Charter after the deadline for written submissions passed...
DMR shuts Mpumalanga office as part of anti-corruption probe
SOUTH Africa's Department of Mineral Resources (DMR) has shut its Mpumalanga regional office until further notice in order it can investigate corruption claims, the...
IDC’s Qhena calls it a day after 13 years as CEO...
GEOFFREY Qhena has resigned as CEO of the Industrial Development Corporation (IDC), said BusinessLive citing a company announcement on August 31. Qhena was at the...
Ghana determined to diversify into production of industrial metals
ONE of Africa’s mining powerhouses, Ghana, said its objectives to bring about more sustainable extraction of its mineral wealth is starting to deliver, but...
West Wits Mining upbeat on prospects for Witwatersrand Basin Project
THE Witwatersrand Basin Project (WBP) was generating free cash flow which would be channelled into developing the prospect, said the company behind the gold...
MC Mining says balance of R179.9m Mooiplaats deal to be paid
PAYMENT of the balance due following the R179.9m acquisition of MC Mining's (MCM's) Mooiplaats colliery in Mpumalanga province has begun as per the agreement...
Eskom agrees wage deal with unions ending weeks of impasse
ESKOM said it had reached a three-year agreement with unions including the National Union of Mineworkers (NUM) in which members would receive annual wage...
Base Resources registers “outstanding year”, hammers debt $65.3m
MINERAL sands producer and developer, Base Resources, posted a net profit after tax of $34m for the 2018 financial year representing an 114% year-on-year...