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Nkwe wins rights back, shares fall

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Nkwe Platinum has regained prospecting rights previously set aside by the Constitutional Court, yet its shares fell heavily following a recommencement of trading.

SA to rely more on nuclear, green power

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The cabinet has approved a new energy plan that sees renewable and nuclear energy supplying two-thirds of SA's new power by 2030.

Mothae to test diamond market

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Lucara Diamond says its subsidiary Mothae Diamonds will be holding its first diamond sale later this month.

CoAL still waiting for answer on Vele

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There's still no answer from the department of environmental affairs on when Coal of Africa will be allowed to restart operations at the Vele coking coal mine.

Great Basin settles notes

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Great Basin Gold has repaid its 2008 senior secured notes with the proceeds of a term loan facility from Credit Suisse.

More backers for Rio’s Riversdale bid

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Global miner Rio Tinto has received acceptances for 30.6% of shares in its $3.9bn takeover target Riversdale.

The return of Siyabonga Gama

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Siyabonga Gama has been re-appointed chief executive of Transnet Freight Rail - the organisation from which he was summarily dismissed in June last year.

Sierre Leone seeks to revise mining deals

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Sierra Leone needs to revise recent large-scale mining leases to get a better deal for its people, says President Ernest Bai Koroma.

Gem to spend $85m on Gope mine

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Gem Diamonds has cut the first phase cost of the Gope mine to $85m by going for an underground operation via a decline shaft, instead of developing a traditional open pit mine.

BEE deal opens door for Galaxy Gold listing

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Galaxy Gold has cleared a major obstacle which prevented it from listing on the JSE last year, announcing two empowerment transactions.