Vedanta unveils mine digitalisation as key driver of Gamsberg
DIVERSIFIED miner Vedanta Zinc International (VZI) plans to spend around $4m over the next three years digitalising its greenfield Gamsberg zinc project making it...
South32 begins process to spin-off South African coal business
SOUTH32 has unveiled plans today to reduce its exposure to South Africa by announcing a proposal to separately manage its coal operations in the...
High Court postpones Mining Charter redraft hearing to February
SOUTH Africa's High Court has postponed a hearing into the Mining Charter which had been set for December 13 and 14 deciding instead that...
Exxaro to pay out about R4.8bn in first tranche Tronox sale
SHAREHOLDERS in Exxaro Resources can look forward to a payout of $354m (R4.8bn) after the company said it was likely to distribute nearly all of...
South Deep downgrades could send Gold Fields on project hunt
TRY as it might, Gold Fields is struggling to make ends meet at South Deep, its South African gold mine. Earlier this year, it...
Exxaro forecasts stable export coal demand in upbeat take on 2018
EXXARO Resources gave a largely upbeat assessment of its fortunes for its 2018 financial year, saying that the export coal price would be supported...
South32 says now is right time to resolve Eskom contract dispute
SOUTH32 wants to resuscitate discussions with South African electricity utility, Eskom, concerning a disputed supply contract with its Hillside aluminium smelter in the country's KwaZulu-Natal province.
Responding...
Tharisa amps up the payout policy, pays 5 US cent dividend
THARISA, a Johannesburg-listed platinum group metal (PGM) and chrome producer, delivered on a promise to revisit its dividend policy announcing today it would increase...
NUM confirms new coal industry wage deal with Chamber
THE National Union of Mineworkers (NUM) confirmed it had signed a new, three-year agreement with the Chamber of Mines except at Kangra Coal were a...
DRDGold says it will not need rights issue to fund R2bn...
DRDGOLD estimated the development of the West Rand Tailings Retreatment Project (WRTRP) would require R2bn in capital - a sum it could finance using...