R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74


Mantashe gunning for illegal mining syndicate leaders

19th March 2019 Illegal mining operations and criminal syndicates steal, per annum, the equivalent of the total output of South Africa's legal gold mining operations in 2018. The Mineral Resources Minister Gwede Mantashe, however, has a plan to take down the criminal syndicates and zama zamas. 

Cosatu slams Mantashe, echoes calls to amend mine health and safety act

6th March 2019 Trade union federation the Congress of South African Trade unions (Cosatu) has denounced Mineral Resources Minister Gwede Mantashe’s statement that bringing criminal charges against mining bosses for fatalities at mines will cripple the industry. Following the release of mining sector fatalities... 

Former Glencore CEO 'devastated' by Molefe's about-face on coal deal

28th February 2019 Former Glencore chief executive Clinton Ephron has told the Zondo commission into state capture that he was devastated when former Eskom CEO Brian Molefe told him Eskom would not be updating the company’s contract with the power supplier. Ephron took to the stand on Wednesday and was widely... 

Mantashe to visit Glory coal mine where 22 men are still trapped underground

15th February 2019 Mineral Resources Minister Gwede Mantashe is expected to pay a visit to the Gloria coal mine near Middelburg, Mpumalanga, where 22 alleged copper thieves have been trapped and are believed dead following an explosion at the beginning of February. A group of 42 men, reportedly Lesotho nationals,... 

Disgruntled unpaid mineworkers allegedly hampering rescue efforts at Gloria coal mine

11th February 2019 The fate of approximately 22 alleged copper thieves trapped underground hangs in the balance as rescue efforts are allegedly being hampered by disgruntled unpaid mineworkers. "They have threatened us and the contractors and they've told us under no circumstances are we allowed to continue [rescue... 

Death toll rises to six at South Africa coal mine gas explosion

7th February 2019 The number of people killed by a gas explosion in an unused coal mine in South Africa's eastern province of Mpumalanga has risen to six, and several others remain trapped, an official at the mine said on Thursday. The representative of the creditor protection team at the mine, Michael Elliot,... 

Expect some tough announcements on Eskom soon – Davies

5th February 2019 Eskom is in deep trouble financially and operationally and South Africa is facing enormous challenges in the electricity industry, Minister of Trade and Industry Rob Davies said on Tuesday. Davies was a guest speaker at a round table discussion hosted by the Department of Trade and Industry on... 

Mantashe to investors: Don't listen to doomsayers, invest in SA

5th February 2019 Investors must be shown that there are opportunities to make money and that is what we offer them in the South African mining industry, Minister of Mineral Resources Gwede Mantashe said on Tuesday. He was one of the guest speakers at a roundtable hosted by the Department of Trade and Industry... 

AMCU march: Motorists warned to stay out of Joburg CBD

22nd January 2019 Motorists have been warned to avoid certain areas of the Johannesburg CBD on Tuesday morning, due to a march by the Association of Mineworkers and Construction Union (AMCU). According to JMPD spokesperson Wayne Minnaar, the march was due to start at 11:00 at the Westgate Transport Hub and move... 

Xolobeni turns Mantashe away

5th December 2018 The community of Xolobeni in the Eastern Cape have reiterated that they do not want a mine in their area, despite the Department of Mineral Resources supposed intentions to issue mining rights. The community leaders released a statement on Tuesday, and said that the affected Umgungundlovu... 

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