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Eskom’s Ngubane calls Thuli Madonsela “unduly believing”

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ESKOM chairman, Ben Ngubane, today described former head of South Africa's Public Protector office, Thuli Madonsela, of having "an unduly believing mind" in compiling...

Randgold to review dividend policy at $500m net cash mark

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RANDGOLD Resources said it should "get close" to generating $500m in net cash by the close of its financial year - a level of...

Firm behind R500m De Roodepoort coal project was Gupta linked

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THE company that said it planned to build a R500m, 1.44 million tonnes a year (mtpa) coal mine in South Africa's Mpumalanga province -...

Tegeta coal prepayment “amounts to fraud”, says Public Protector

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THE relationship between Eskom and the Gupta family's Tegeta Exploration & Resources (Tegeta) is a prominent feature of the Public Protector's report into state...

SA to produce 1mt more manganese ore as price leaps

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SOUTH African production of manganese ore was about one million tonnes (mt) higher this year after Australia cut supplies amid a sharp decrease in...

Diamond market may grow by up to 10% for two years

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DE Beers last month said it had sold $485m worth of diamonds in its eighth sight, where it meets with pre-approved buyers of its...

“Lumpy” Trans Hex delivers profit, share hits two-year high

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TRANS Hex, an alluvial diamond mining company, lived up to the 'lumpy' descriptor given to it by shareholder Piet Viljoen after it delivered a...

MPRDA nudged to upper house with constitutionality untested

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AMENDMENTS to South Africa's Minerals & Petroleum Resources Development Act (MPRDA), which have been sitting in the country's parliament for nearly two years, will...

Sibanye to weigh RPM synergies, but loses Jean Nel who is...

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SIBANYE Gold said it would take a few months to assess Rustenburg Platinum Mines (RPM), the 800,000 ounce per year platinum (4E) company over...

Wescoal puts pay to rocky past as half-year earnings surge

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JOHANNESBURG-listed coal junior, Wescoal Holdings, served notice it was primed for growth through acquisition as it sought a medium-term run-of-mine (ROM) production target of...