Top 40 mining firms optimistic

Dineo Matomela|Published

The chief executives of the top 40 mining companies in the world are confident of the future, but expect volatility, according to PricewaterhouseCoopers’ (PwC’s) ...

Xolobeni has plans for eco-tourism

Dineo Matomela|Published

The Xolobeni community of the Wild Coast in the Eastern Cape was planning to start ecotourism projects following a decision by the Minister of Mineral Resources, ...

Mittal will fight ICT alongside Kumba

Dineo Matomela|Published

ArcelorMittal South Africa has won the right to join Kumba Iron Ore as an applicant in the fight against a decision by the Department of Mineral Resources to award ...

Implats to cut staff at Marula subsidiary

Dineo Matomela|Published

Impala Platinum (Implats) has announced plans to reduce the number of workers at a subsidiary in Limpopo that has been operating at a loss.

Lonmin rehires 6 000 workers

Dineo Matomela|Published

Lonmin had rehired two thirds of the workers who were axed for participating in an unprotected strike two weeks ago, the third-largest platinum producer said on ...

AngloGold studies mining 5km underground

Dineo Matomela|Published

AngloGold Ashanti was continuing research to establish whether it could extract ore from as deep as 5km below the surface by 2015.

Thousands reapply for Lonmin jobs

Dineo Matomela|Published

No guarantees of reinstatement were given to the 9 000-strong Karee mine workforce fired by Lonmin on Tuesday as it began a reselection process yesterday.

Aurora pins last hope on Chinese

Dineo Matomela|Published

A delegation from Chinese state-owned mining company Shandong Gold, which has expressed an interest in buying a 60-percent stake in embattled Aurora Empowerment ...

ArcelorMittal to mine own ore

Dineo Matomela|Published

ArcelorMittal South Africa - the biggest steel maker in Africa - is responding to procurement problems that have plagued it since August last year by acquiring its ...

Mining rights cases head for court as moratorium is lifted

Dineo Matomela|Published

Four cases of the double awarding of mineral rights were due for litigation following the lifting of a nine-month moratorium on applications for prospecting and ...

Rising SA mine deaths need urgent attention

Dineo Matomela|Published

Deaths at South African mines increased by 27 percent in the first three months of the year, compared with the same period last year.

Two more agencies in regulator’s firing line

Dineo Matomela|Published

Allegations of misconduct made by disgruntled investors have prompted the Estate Agency Affairs Board (EAAB) to investigate two more agencies.

Steelpoort wants Xstrata jobs

Dineo Matomela|Published

Residents of Steelpoort, a small mining town in Mpumalanga where diversified mining company Xstrata plans to construct a chrome smelter, are demanding preferential ...

Two firms line up for Aurora mines

Dineo Matomela|Published

Two local suitors had expressed interest in purchasing the Grootvlei and Orkney mines of embattled mining group Aurora Empowerment Systems.

Sales surge at Coal of Africa

Dineo Matomela|Published

Coal of Africa Limited can pat itself on the back after posting a leap in sales for the six months to December last year, following the acquisition of a mine in ...

Universal eyes Africa as revenue improves

Dineo Matomela|Published

Manufacturing group Universal Industries last week told of its plans to strengthen its African market presence following an increase in revenue for the year to December. ...

Bowler posts solid results on strong demand

Dineo Matomela|Published

Plastic-packaging firm Bowler Metcalf is riding on a wave of strong demand for products in its quality beverage division.

Wesizwe given go-ahead for R6bn deal

Dineo Matomela|Published

Wesizwe Platinum shareholders on Wednesday gave the thumbs up to a R6-billion transaction in which a Chinese consortium will purchase a 51 percent stake in the company. ...

Case postponed as Aurora awaits okay

Dineo Matomela|Published

Aurora Empowerment Systems, which on Monday expected a judgment of final liquidation, was saved by the bell as the North Gauteng High Court postponed the matter ...

Northam to spend R747m after dismal results

Dineo Matomela|Published

Black-owned platinum group metals producer Northam Platinum plans to use R747-million in capital expenditure in the 2011 financial year for its Booysendal project ...

AEMFC is new hope for BEE mine firms

Dineo Matomela|Published

Black economic empowerment companies that own prospecting rights can benefit from getting into business with relaunched state-owned mining company African Exploration ...

Poor rail facilities are Exxaro’s main concern

Dineo Matomela|Published

Exxaro Resources has raised concern that the poor state of the rail infrastructure is hindering export potential.

Simmers considers merger

Dineo Matomela|Published

Gold and uranium producer Simmers & Jack has announced plans for the creation of a diversified mining company.

Union serves letter on Aurora

Dineo Matomela|Published

The trade union Solidarity has served a letter of demand on Aurora Empowerment Systems seeking payment of outstanding salaries and union fees for members.

Mining projects 22 000 new jobs

Dineo Matomela|Published

South Africa’s mining sector anticipates adding jobs to the economy - but the extent of job creation is tempered by the uncertainty around the nationalisation debate. ...