Rio suspends executive as $10.5m Simandou payment surfaces
THE scandal and murky dealings that have characterised Guinea's Simandou iron ore project permeated into the affairs of Rio Tinto following an investigation into...
A year on, Glencore emerges undiminished by asset sales
THE sale by Glencore of its GRail coal haulage facilities in Australia for some $870m sees the Swiss-headquartered group lower net debt by $5.4bn...
How embracing biodiversity worked for Vedanta’s Gamsberg
IT has often been said that there are two incompatible animals when it comes to mining – engineers and environmentalists. But is that true...
Transnet discerns green shoots in SA coal market
TRANSNET would rail just over one million tonnes (mt) more export coal in its 2017 financial year compared to its 2016 when it railed...
DiamondCorp calls off sale process as Lace starts to improve
DIAMONDCORP, a Johannesburg-listed diamond producer, said it had called off plans to sell the business as offers had been "opportunistic" and did not correctly...
Gold Fields to buy 50% of Gruyere project in Australia for...
GOLD Fields is to extend recently announced spending on new projects to $1.7bn after announcing plans to buy 50% of the Gruyere gold project...
Eskom seeking 9mt of coal as Tegeta asks for contract release
ESKOM may have to source nine million tonnes of thermal coal from other mining firms following a decision in September - confirmed by Tegeta...
Eskom defends Tegeta link saying it saved R10bn in coal costs
SOUTH African power utility, Eskom, defended its relationship with the Gupta family owned Tegeta Exploration & Resources (Tegeta) saying it was commercial and had...
Gold Fields’ Damang expansion shows sector growth difficulties
TWO newly unveiled gold projects – one by Gold Fields, the other by Harmony Gold – demonstrate the difficulty the world’s gold industry has...
SA miners want “urgent intervention” to restore DMR integrity
THE Chamber of Mines has called for "urgent intervention" to restore the integrity of the Department of Mineral Resources (DMR) which was implicated in...