Major win for Vedanta as it appoints AngloGold’s Venkat as CEO

2018-04-20 15:04

AngloGold Ashanti’s CEO Srinivasan Venkatakrishnan is departing the company later this year to head up Vedanta – currently one of the largest investors in South Africa.

Ramaphosa, Mantashe bring wave of optimism to mining sector - expert

2018-04-18 22:00

Cyril Ramaphosa's election and a new mining minister has led to a surge of positive sentiment in SA's mining industry, as is reflected in current transactions, says a legal expert.

Eskom suspends official over Gupta-owned coal mine contract

2018-04-15 18:30

Eskom has suspended a senior general manager, pending an investigation into irregular conduct in the supply of coal by a Gupta-owned mine.

Bakgatla transaction allegedly under SARS probe

2018-04-15 06:00

The Bakgatla Ba Kgafela Tribal Authority is allegedly facing a probe by the SA Revenue Service related to tax evasion involving one of its multimillion-rand deals.

Business rescuers pick 'ideal' SA partner to keep Gupta coal mines going

2018-04-12 07:01

South Africa’s Burgh Group has won a temporary contract to keep mines linked to the Gupta family afloat, according to a business rescue manager for the assets.

The great Minerals Amendment Bill mystery

2018-04-10 07:44

New legislation is a ‘priority’, says the government, but no one knows what changes have been made to it during its three years in limbo.

Zimbabwe to compel mining firms to list on local exchange

2018-04-05 13:24

Zimbabwe wants miners operating in the country to list the majority of their shares on the local exchange as it seeks to boost investment.

Post-Mugabe Zim mining rush leaves big producers behind

2018-04-03 10:29

While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach.

SA mine deaths this year rise to 22

2018-03-28 19:25

The number of people killed in South African mines has reached 22 this year, as operators struggle to improve on their safety record.

MC Mining CEO upbeat about its future

2018-03-26 14:50

CEO David Brown has a great deal in store for the mine formerly known as Coal of Africa, including the building of a small mine and the sale of an old asset.


BEE ruling a win for miners and investors

2018-04-19 14:47

Analysts say a recent High Court decision should make it easier to invest capital in the sector and help reduce the substantial valuation gaps between SA mining firms and their international peers.

AngloGold Ashanti CEO resigns after 18 years at the firm

2018-04-16 09:21

AngloGold Ashanti CEO Srinivasan Venkatakrishnan is leaving the company after 18 years to become chief executive of Vedanta Resources.

Community blames 'arrogant' mine for unrest

2018-04-15 07:24

A revolt is brewing among one of the communities at the richest end of the country’s platinum belt and fingers are being pointed at the “arrogant” mines for neglecting community concerns.

Mining production jumps 3.1 % y/y in February: StatsSA

2018-04-12 18:17

Mining production increased by 3.1% year-on-year in February, boosted by diamond, iron ore, manganese and coal, figures released by Statistic South Africa showed.

Mining: Meanwhile, Zimbabwe says it’s changing course

2018-04-11 14:04

As SA tinkers with more state controls of mining, its northern neighbour makes business-friendly noises.

BEE verdict sets tone for collaborative Mining Charter talks - union

2018-04-05 15:11

A declaratory high court order on the “once empowered always empowered” principle will serve as a pointer for Mining Charter negotiations to be collaborative, says union Solidarity.

Court grants declaratory order on 'once empowered always empowered' BEE transactions

2018-04-04 18:28

A High Court has granted a declaratory order sought by the Chamber of Mines recognising the continuing consequences of previous BEE ownership transactions.

Africa needs to extract more value from mining

2018-04-01 08:35

Africa’s heavy reliance on extractive mining is bad news for development as it does not play a part in the prices of the minerals it extracts.

Glencore might buy back Gupta-linked Optimum

2018-03-27 22:00

Glencore is considering a bid for the Optimum coal operations which it sold in 2015 to a company part-owned by the politically connected Gupta family, sources say.

Shrinking platinum sector adds to Ramaphosa's economic challenge

2018-03-26 10:35

'Ramaphoria' has boosted the rand and revived investor sentiment. But deep underground in the platinum mines, there’s very little cause for optimism.

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