Uncategorized

Pembani confirms it and Glencore interested in Optimum

0
GLENCORE'S South African partner, Pembani, said it was interested in bidding for Optimum Coal Mine which has been placed in business rescue following the...

Hwange under-shoots production target, but narrows loss

0
HWANGE Colliery Company (HCC), a thermal coal miner in Zimbabwe, had shown signs of its potential but lower-than-budgeted production still resulted in a $43.8m...

Mantashe calls for ‘increased vigilance’ as Q1 fatalities total 22

0
SOUTH African mines minister, Gwede Mantashe, called for "increased vigilance" in respect of mine safety following an increase in fatalities last year - the...

Golden Star pencils in Q2 for update of inferred resources number

0
GOLDEN Star, a Toronto-listed firm mining gold in Ghana, posted proven and probable mineral reserves of 1.7 million ounces while measured and indicated mineral...

Atha-Africa decries CER “delaying tactics” over Yzermyn project

0
ATHA-Africa Ventures said it was "unsurprised" by the National Water Tribunal's decision this week to strike from the urgent roll an appeal by environmentalists...

Vedanta to appeal UK court decision over KCM pollution case

0
THE UK's Supreme Court handed Vedanta Resources a lifeline in its bid to overturn previous court decisions which found that Zambian residents living near its...

Kinross pays $950,000 in civil penalty as SEC probe closed

0
KINROSS Gold Corporation said it had settled with the US Securities and Exchange Commission (SEC) regarding an investigation into alleged improper payments and internal...

Eskom over-spent R268bn on coal at time of ‘rampant corruption’

0
SOUTH African power utility, Eskom, spent R268bn more than it should on primary energy costs – mostly coal – over the last seven years,...

Randgold & Exploration burns R22m on legal fees

0
RANDGOLD & Exploration (R&E), a company that was once run by the late Brett Kebble, spent R22m on legal fees in its 2017 financial...

Coal output not disrupted at Exxaro’s Grootegeluk after fire

0
EXXARO Resources said coal production at the Grootegeluk mine in South Africa's Limpopo province was not disrupted by a fire at the mine's reductants...