Gigaba welcomes Chamber of Mines’ court hearing postponement
SOUTH African finance minister, Malusi Gigaba, said he welcomed a decision by the Chamber of Mines on February 18 to postpone a High Court...
Kabila not yet signed mining code change as deadline looms
JOSEPH Kabila, president of the Democratic Republic of Congo (DRC) is thought to have until Thursday (February 22) to reject or sign into law...
Tanzania to lock foreign banks, law firms out of mining sector
FOREIGN-owned banks, insurance companies, and law firms could be locked out of Tanzania's mining sector as part of tough new regulations that aim to...
Optimum Coal runs risk of losing mining licence, says expert
OPTIMUM Coal Mine, which is owned by Gupta family company, Tegeta Resources, could lose its mining licence if its water supply to the nearby...
Ramaphosa pledges to compensate Marikana tragedy families
SOUTH African president, Cyril Ramaphosa, would ensure families of 44 miners who died during clashes with police during the Mariakana platinum protests of 2012...
Implats forecast to narrow interim loss owing to metal tie up
IMPALA Platinum (Implats) appears set to unveil an improved numbers when it reports its interim results, scheduled for March 1, although it will remain...
Petra freezes $60m in capex as rand strength heaps on pressure
PETRA Diamonds has iced $60m (R701m) in capital expenditure over the next three years in order to focus on paying debt, said UK newspaper,...
Sibanye-Stillwater reduces gold reserves following restructuring
SIBANYE-Stillwater said restructuring at its Cooke shafts west of Johannesburg and Beatrix 4 shaft in the Free State province had contributed towards a 10%...
New Mining Charter needs to be rational, concise: Leon
A NEGOTIATED Mining Charter for South Africa's mining sector ought to be unambiguous and set realistic targets as well as respect security of tenure,...
Mining, metals dealmaking set to increase in 2018: EY
CORPORATE transactions in mining and metals were expected to increase in 2018 as companies adopted investment-led strategies, but "transformational consolidation" across the industry was...