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SA seeks to revamp disused gold mines

Oct 16 2014 21:56

The once massive gold mining industry has been shrinking for years, leaving billions of rands of plants, worker housing and pipelines at risk of demolition.


Lonmin lashes out at profit shifting report

Oct 16 2014 12:31

Lonmin has vehemently denied a report which claims it transferred over R2.3bn in fees to two of its subsidiaries, one of which is in Bermuda.


Mining industry 'sleeping on the job'

Oct 16 2014 11:52

Pro-nationalisation forces are on the march because the mining industry is not addressing the real issues of transformation, warns mining magnate Bridgette Radebe.


Former Xstrata boss's raises more for deals

Oct 15 2014 13:15

The former boss of mining company Xstrata, Mick Davis, has secured a further $1bn in funding from unnamed investors.


Aquarius terminates China mine stake deal

Oct 15 2014 10:54

Aquarius Platinum says its planned sale of stakes in a small mine and project to a Chinese consortium for $37m is off, after it failed to get regulatory approval.


Rio Tinto to sell stake in Cameroon

Oct 15 2014 08:36

Rio Tinto plans to sell its shares in an aluminium smelter in Cameroon, ending a partnership with the government as the project no longer fits group plans.


Village Main approached as acquisition target

Oct 13 2014 13:30

Village Main Reef has been approached by companies looking to acquire it and will embark on a review that could lead to the sale of some or all of its assets.


Tullow says talks resolve industrial action

Oct 12 2014 17:30

Tullow Oil says talks to resolve "limited industrial action" in north Kenya have been successfully concluded and the staff affected are returning to work.


Mining housing of R2.1bn welcomed

Oct 10 2014 16:21

The Portfolio Committee on Mineral Resources has welcomed the decision by government to ring-fence R2.1bn for housing implementation in distressed mining towns.


RB plat miner dies in fatal accident

Oct 10 2014 13:45

A contractor employee at Royal Bafokeng Platinum Mine dies after being fatally injured in an underground accident.

Inside Fin24.com


Over 100 mines have no water-use licences

Oct 09 2014 21:00

A total of 103 mines are breaking the law by operating without water-use licences, according to Water Affairs Minister Nomvula Mokonyane.


Centamin gold output jumps 10.5%

Oct 09 2014 13:45

Centamin has posed a rise in third-quarter output as it mined higher-grade ore at its Sukari in Egypt.

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