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Mining

Go-ahead for controversial oil project off KZN coast

Sep 12 2019 07:43

The Department of Mineral Resources has granted environmental authorisation to the Italian energy group, Eni, and Sasol Africa to conduct exploratory drilling.

Mining

The world's deepest mine, in Gauteng, is luring potential buyers

Sep 06 2019 18:17

AngloGold Ashanti's last South African mine is luring potential buyers as the rally in gold boosts profitability. That interest doesn’t mean Chief Executive Officer Kelvin Dushnisky will achieve his target price.

Mining

Higher metal prices lift Implats earnings

Sep 05 2019 12:02

Higher metal prices saw Impala Platinum revenue surge 36% to R48.6bn, as the restructuring of its Rustenburg operations gained traction, the company said on Thursday as it delivered in annual financial results.

Mining

De Beers gem sales keep falling as buyers allowed to say no

Aug 28 2019 15:25

De Beers’s diamond buyers took the rare opportunity to reject stones from the biggest supplier as the company offered almost unprecedented flexibility to ease a growing crisis.

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Mining

SA will rely on coal for decades, key miner says

Aug 28 2019 09:30

Seriti Resources, poised to become Africa’s second biggest coal producer, is betting that South Africa will rely on coal for decades even as the country biggest implements carbon taxes and is under pressure to improve air quality.

Mining

Seriti Resources may turn to equipment makers as coal IPOs shunned

Aug 27 2019 09:50

The mining group, poised to become SA’s second-biggest coal producer, may take funding from equipment suppliers and hold off on a listing as the fuel is being shunned by financiers because of its environmental impact.

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