Kinross pays $950,000 in civil penalty as SEC probe closed
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’
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
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
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...
Chamber welcomes Moody’s decision to maintain debt rating
SOUTH Africa's Chamber of Mines said it welcomed a decision by credit ratings agency, Moody's, to maintain the country's local and foreign currency debt...
Kumba, Assore under pressure as US, China trade tariff threats
SHARES in Kumba Iron Ore and Assore were under pressure on the Johannesburg Stock Exchange as they reacted negatively to US president, Donald Trump's...
Lonmin hands over New Marikana School to government
LONMIN CEO, Ben Magara, said the New Marikana Primary School, which the company officially handed over to the North West Department of Education today,...
Loucas Pouroulis to build $4.2bn platinum plant in Zimbabwe
LOUCAS Pouroulis, head of Karos Resources, has signed an agreement with the Zimbabwean government to build a $4.2bn platinum mine and refinery, which will...
WCEPA granted standing to lodge appeal against Elandsfontein
THE West Coast Environmental Protection Association (WCEPA), a community organisation that is hoping to stop the development of the Elandsfontein phosphate project, said a...
Tawana seeks focus as decides to spin out exploration properties
JOHANNESBURG-listed Tawana Resources, which mines and explores lithium and iron ore prospects in Australia and Liberia, said it would spin out its exploration properties...