R/€ = 15.90 Change: -0.01
R/$ = 14.38 Change: -0.06
Au 1562.47 $/oz Change: 5.85
Pt 1006.06 $/oz Change: 3.81


Families of deceased Lily Mine employees to receive legal assistance

23rd January 2020 Legal papers will be served on the mining company and government entities involved in the deaths of three mine workers at Lily Mine in 2016, People's Dialogue founder Herman Mashaba said on Wednesday. Speaking at a press briefing in Rosebank, Mashaba said the families and colleagues of the... 

Eskom warns of collapse without higher tariffs as it faces regulator in court

15th January 2020 Eskom says if it is not granted tariff increases it wants from March this year, its finances might collapse, triggering a national crisis, as both the State’s credit ratings and consumers’ well-being would suffer. The power utility - which is battling to keep the lights on due to aging power... 

Mines halt operations countrywide as Eskom asks for 20% power savings

10th December 2019 Several mining companies in South Africa have had to temporarily shut down domestic operations after receiving requests by Eskom to reduce their load on the national power system. This comes after Eskom instituted stage 6 load-shedding for the first time on Monday evening. Stage 6 was downgraded... 

Public can now weigh in on draft mining bill

6th December 2019 Mineral Resources and Energy Minister Gwede Mantashe has gazetted for public comment the draft amendments to the Mineral Petroleum Resources Development Act as well as the guidelines for mine community resettlements. The public have until Friday January 31, 2020 to submit written representations... 

Two mines step in to help Barberton's water crisis

30th October 2019 The water crisis facing residents of Barberton in the Mpumalanga Lowveld has been temporarily curtailed after two mines in the area stepped in. The two mines, Barberton and Agnes, are two of the biggest employers in the area. 

Minister rejects plan for giant coal mine in Gauteng

24th October 2019 Barbara Creecy, minister of forestry, fisheries and environmental affairs, dealt a major blow to mining groups Anglo Operations and Canyon Coal, as well as the department of mineral resources, after rejecting plans for a giant new open-pit mine outside Springs because it is an important... 

Load shedding could trip up investment, warns Ramaphosa's adviser ahead of conference

22nd October 2019 Security of energy supply can be an advantage in securing investment, but in SA, load shedding is a "significant investment constraint," president Cyril Ramaphosa's economic adviser Trudi Makhaya has warned. The economist was speaking at Parliament on Tuesday, addressing journalists at a briefing... 

Coal will 'be around for a long time', says Mantashe on energy mix

18th October 2019 Coal will continue to play a significant role in electricity generation for the country, Mineral Resources and Energy Minister Gwede Mantashe has said. The minister on Friday briefed media on the recently gazetted Integrated Resources Plan 2019.  

'This cannot continue', says AMCU after another fatality at Sibanye-Stillwater

14th October 2019 Another fatality has occurred at Sibanye-Stillwater's Thembelani shaft in Rustenburg, according to the Association of Mineworkers and Construction Union (AMCU). According to an AMCU statement, it is the third fatality of its kind at the mine this year. 

Mantashe says former chair of Central Energy Fund resigned, was not fired

3rd October 2019 Minister of Mineral Resources and Energy, Gwede Mantashe, has written to the former chairperson of the Central Energy Fund, Luvo Makasi, to say he accepts that he resigned voluntarily and was not fired. The CEF oversees national oil company PetroSA and the Strategic Fuel Fund. In a letter from... 

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