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Now Zwane wants 30% minimum black mine ownership - sources

May 26 2017 07:16

Mines Minister Mosebenzi Zwane has proposed raising the mandatory black ownership of mining assets to 30% from 26%, drawing opposition from some ruling party officials.


Implats plunges on R5.1bn bond refinance

May 25 2017 13:15

Impala Platinum has plunged in Johannesburg trading after saying it will refinance about R5.1bn of convertible bonds, which could dilute existing shareholders.


Stakes are high as Zim ministers meet mining execs

May 23 2017 12:15

Zimbabwean mining executives and government officials are having their third annual meeting in Victoria Falls as the industry battles a plethora of operational constraints.


Anglo gets bid for coal mine near Kusile power station - sources

May 23 2017 07:25

Anglo American has received a bid for its New Largo project in SA, as it continues efforts to exit operations designed to supply coal to Eskom's power plants, according to sources.


Pallinghurst Resources wants to restructure

May 21 2017 13:57

Pallinghurst Resources has announced a restructuring of the group, including an offer to acquire the minority interests of Gemfield.


R60bn held for mines that are never closed

May 19 2017 08:59

Large mines are not being properly closed and rehabilitation money cannot be touched, according to investigative journalist Mark Olalde.


Lonmin buys remaining stake in Pandora, amid flat results and strike

May 15 2017 08:53

Lonmin has agreed to buy 7.5% of Pandora mines for R45.565m from Northam Platinum’s Mvelaphanda Resources to become the 100% owner.



Platinum mines under fire

May 14 2017 06:15

With an industry already on its knees, community protesters are now causing major disruptions to platinum production.


Miner says it won’t mine on rhino zone border for now

May 11 2017 17:32

Anthracite mining firm Petmin says it won’t mine within 5km of a KwaZulu-Natal park that protects the endangered white rhino until new methods are found and approved by government.

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