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Mining

Royal Bafokeng said to end contract with Gupta-linked firm

Oct 19 2017 18:14

Royal Bafokeng Platinum will terminate a contract with a company linked to the politically connected Gupta family, according to two people familiar with the decision.

Mining

AngloGold Ashanti sells some SA mines to cut losses

Oct 19 2017 12:17

AngloGold Ashanti has agreed to sell mines in South Africa to reduce exposure to high-cost assets and free up cash for more profitable international operations.

Mining

Oil and gas sector needs its own legislation - Zwane

Oct 19 2017 10:53

Mineral Resources Minister Mosebenzi Zwane has confirmed that SA's oil and gas industry will in future be governed by its own legislation, separate from mining laws and regulations.

Mining

SA-linked miner drops Marc Faber after racist rant

Oct 18 2017 14:42

The Canadian-headquartered mining company developing a platinum mine in South Africa has forced one of its directors to resign over racist and pro-slavery comments.

Mining

Rio faces fraud charges on $3.7bn Mozambique coal deal

Oct 18 2017 13:33

US authorities have filed fraud charges against the mining group, its former CEO Tom Albanese and ex-CFO Guy Elliott, claiming they inflated the value of their Mozambican coal assets acquired in 2011.

Mining

Zwane: Why this obsession with one family?

Oct 18 2017 15:32

Mineral Resources Minister Mosebenzi Zwane has vehemently denied benefiting from his relationship with the Gupta family, or trying to further their business interests.

Mining

Zwane to Parliament: Am I being investigated?

Oct 18 2017 10:05

Mineral Resources Minister Mosebenzi Zwane has told MPs that he looks forward to answering questions on state capture to clear his name once and for all.

Mining

KZN miners end five day underground sit-in

Oct 15 2017 17:48

The National Union of Mineworkers says its members have resurfaced after an agreement was reached with management at the Zululand Anthracite Colliery.

Inside Fin24.com

 
Mining

Parliament frets over impasse between Zwane and Chamber of Mines

Oct 13 2017 12:59

Parliament’s mining oversight committee is concerned about the breakdown in the relationship between the Department of Mineral Resources and the Chamber of Mines, it says in a report.

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