Dubai’s Centaur Holdings plans R500m De Roodepoort coal project
CENTAUR Holdings, a Dubai-based private equity company, is to raise up to R500m to build a new coal mine in South Africa's Mpumalanga province...
Implats reaches refinery wage deal with NUM
Impala Platinum (Implats) – the world’s second largest platinum producer – has reached a two year wage settlement for its refinery operations near Springs...
South32 content to bide time on Eskom power contract
SOUTH32, created from the unbundling of BHP Billiton’s non-core assets, delivered some pleasant surprises for investors in August, cutting costs $386m in its first...
Safety audits underpin dysfunctional DMR, industry relationship
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, came up with an interesting illustration of how the increasing number of safety audits conducted on South Africa’s mines...
Xtract resumes Manica as Nelson sticks to guns on resignation
XTRACT Resources on-and-off affair with the Manica gold project in Mozambique is back on again with the company re-acquiring ownership after the deal struck...
Is it viable to decriminalise South Africa’s zama-zamas?
ONE interesting development to come out of the latest illegal mining disaster in which miners - ‘zama-zamas’ – were killed at Langlaaate near Johannesburg...
Jan Nelson quits Xtract Resources
Shares in AIM-listed junior Xtract Resources have sunk to all-time lows after two body blows in the departure of charismatic CEO Jan Nelson and the decision...
Platinum mines finally taking drastic action – PwC report
Profit margins on South African platinum mines dropped to 8.5% in 2016 from 9% in 2015 remaining at levels too low to be sustainable...
Wescoal to boost annual exports to one million tons
Coal miner and trader Wescoal has finalized a series of coal supply contracts which will diversify its revenue streams and boost exports to one...
Firestone’s Lesotho diamond mine about to start production
Firestone Diamonds should start production at its Liqhobong diamond mine in Lesotho during the fourth quarter of 2016 after bringing it into operation with...