R/€ = 16.07 Change: -0.06
R/$ = 13.65 Change: -0.13
Au 1280.70 $/oz Change: -0.10
Pt 923.50 $/oz Change: 0.00


Sixth death in platinum belt in three months

19th October 2017 British platinum mine giant Lonmin has raised "deep concerns" following the death of employee Tholakele Dlunga this week, the sixth in the platinum belt in the North West in the past three months. "Lonmin is deeply concerned by the recent fatal shootings across the platinum belt. The company is... 

Chamber files for review of 'disastrous' Mining Charter

18th October 2017 The Chamber of Mines filed an application in the North Gauteng High court on Tuesday to have a judicial review and setting aside of the Mining Charter. According to the founding affidavit, the Charter released by Mineral Resources Minister Mosebenzi Zwane on June 15 had, and continues to have, a... 

Zwane to Parliament – Am I being investigated?

18th October 2017 "Am I being investigated? I need to know so that we can start dealing with facts and not allegations that are in the media." Those were the introductory remarks from Mineral Resources Minister Mosebenzi Zwane who is currently appearing before Parliament's portfolio committee on mineral resources... 

Development programme to equip Welkom residents with mining skills

16th October 2017 Harmony Gold says an agreement has been reached with the Matjhabeng municipality and the Unemployment Forum to implement a special community development programme that will equip residents in certain Free State communities with mining skills. Harmony Gold spokesperson Max Manoeli said the... 

Mining company has eyes on West Coast National Park, say activists

9th October 2017 Kropz mining company has told SANParks executive committee members that it may ask to extend its phosphate mine into the West Coast National Park. The company, formerly Elandsfontein Exploration and Mining, has also approached the department of mineral resources (DMR) to "protect our rights" over... 

BLSA suspends 'corrupt' Eskom and Transnet

28th September 2017 Business Leadership South Africa on Thursday booted out State-owned entities Eskom and Transnet for their involvement in corruption and State capture with immediate effect. The announcement comes as BLSA launched its #BusinessBelieves campaign in Cape Town, where it signed a “contract” with South... 

Court freezes mine rehab billions from Gupta-owned mines

26th September 2017 Anti-corruption advocacy group the Organisation Undoing Tax Abuse (Outa) on Tuesday won an urgent interim interdict to freeze some R1.75-billion in mine rehabilitation funds from two Gupta-owned coal mines. The group’s urgent application was heard in the North Gauteng High Court in Pretoria. In a... 

Ekapa Minerals abandons part of its case against Zama Zama miners

20th September 2017 Ekapa Minerals has abandoned part of its interdict against "Zama Zama" miners, calling into question the validity of the entire interdict. GroundUp reports that on September 14, Ekapa Minerals filed a notice which abandoned parts of its interdict against Zama Zama miners in Kimberley. 

Rockfall kills two miners at Impala Platinum’s Rustenburg mine

20th September 2017 Two miners died when a rock fell on their heads while drilling in shaft 12 of Impala Platinum’s Rustenburg mine on Tuesday morning, the mine said. The two men, aged 31 and 34, died at the scene, Impala Platinum spokesperson Johan Theron told News24. 

'We're looking at Outa's State capture documents' – Hawks

4th September 2017 The Hawks have confirmed that they have received documents from the Organisation Undoing Tax Abuse (Outa) relating to the charges they laid against numerous people allegedly involved in state capture. "We received volumes and volumes of documents from Outa about state capture…I don’t know what... 

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