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DRDGold secures R108m funds for expansion

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South African gold miner DRDGold has secured R108m for its R300m pipeline and plant expansion project at its Ergo operation.

NUM bemoans spat of mine fatalities

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The National Union of Mineworkers has reported a fatality at Harmony Gold Mining's Tshepong Mine in the Free State.

Kumba strike ends with multi-year deal

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Kumba has ended a strike over wages by agreeing to a multi-year deal which will increase salaries by between 7.5% to 10%.

Higher Transnet deliveries boost coal exports

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South Africa's coal exports rose to 5.36 million tonnes in September from 4.16 million tonnes in the same month last year, boosted by higher deliveries by logistics group Transnet.

Zisco attracts fresh takeover bids

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Zimbabwe has received five bids, including a new offer from ArcelorMittal South Africa, for the takeover of steel maker ZISCO, state media reported on Tuesday.

Tide turns on ArcelorMittal deal

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The PIC is the third institutional shareholder to express reservations about ArcelorMittal SA's R9bn BEE deal with the Ayigobi Consortium, which includes Imperial Crown Trading.

Kumba revises offer to end strike

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Kumba Iron Ore has revised its offer for a pay raise as it sought to end a strike by thousands of its workers, a National Union of Mineworkers official says.

ANCYL may open branches at mines

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The ANC Youth League is "seriously considering" opening branches at mines after the National Union of Mineworkers criticised its president Julius Malema.

Lucara bids for African Diamonds

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Lundin group company Lucara Diamonds is going for full control of the AK6 mine in Botswana through a takeover bid to acquire from African Diamonds the remaining 40% it does not already own.

NUM urges ANC to be firm with Aurora

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National Union of Mineworkers Spokesperson Frans Baleni has urged the ANC to end the "love relationship' between besieged Aurora Empowerment Systems management and its liquidators.