R/€ = 15.73 Change: 0.00
R/$ = 13.84 Change: 0.00
Au 1281.42 $/oz Change: -12.44
Pt 794.99 $/oz Change: -8.87


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... 

Gupta mining boss JP Arora gunned down

3rd December 2018 The CEO of Gupta-owned JIC Mining, JP Arora, was killed in a shooting on New Road in Midrand on Saturday night, police have confirmed. SAPS spokesperson Captain Kay Makhubele said he could not confirm reports of Arora's car being sprayed with bullets. News24 has learned that Arora was returning... 

Ramatlhodi to testify at Zondo commission of inquiry

28th November 2018 Former Mineral Resources Minister Ngoako Ramatlhodi will be the fourth minister who served under former president Jacob Zuma to appear before the Zondo commission of inquiry into state capture on Wednesday. News24 understands Ramatlhodi and his former adviser and spokesperson advocate Mahlodi... 

High Court rules in favour of Eastern Cape community in historic mining rights case

22nd November 2018 The Mineral Resources Minister will have to obtain full and formal consent from the Xolobeni community prior to granting mining rights, the North Gauteng High Court ordered on Thursday. The Amadiba Crisis Committee launched a court battle against the Department of Mineral Resources and Australian... 

Malusi Gigaba named in bombshell Treasury report on rot at Eskom, Transnet

16th November 2018 National Treasury has released a bombshell report of more than 600 pages detailing the extent of rot at Transnet and Eskom over the last six years – and says Malusi Gigaba compromised the procurement process of controversial new Chinese locomotives. The report, compiled after a forensic... 

Court sets aside decision allowing coal mine in Mabola Protected Environment

9th November 2018 The North Gauteng High Court in Pretoria has set aside a 2016 decision allowing a new coal mine to be developed in the Mabola Protected Environment near Wakkerstroom, Mpumalanga. The decision had been made by of former mineral resources minister Mosebenzi Zwane and late environmental affairs... 

Bid to have Lonmin’s mining licence suspended heads to court

25th October 2018 The Mining Forum of SA heads to the North West High Court, Mahikeng, this week to have Lonmin's mining licence suspended. The forum says Lonmin has not met the commitments of its Social and Labour Plan (SLP), according to a GroundUp report. It also wants the mining rights of Lonmin-controlled... 

MCSA hopes Mandela Platinum Coin will rival Krugerrand

5th October 2018 CEO of the Minerals Council South Africa, Roger Baxter, was upbeat following the first day of the Jobs Summit, saying the industry has a proposal to improve platinum demand, a potential growth area. The sector has been in talks with government to develop a Mandela Platinum Rand in honour of the... 

46-year-old man dies in accident at Lonmin mine

2nd October 2018 A 46-year-old miner has died following an underground accident at Lonmin's K3 shaft on Sunday. According to a statement by Lonmin, Tembelani Manyana – who was a team leader – died in a "fall-of-ground accident". "Mr Manyana succumbed to head injuries while being evacuated from underground. This... 

Transnet head Gama given notice of termination, board confirms

28th September 2018 The Transnet Board has confirmed Transnet group chief executive Siyabonga Gama was given notice of termination, with ten days to justify why he should not be axed. In a statement, the Board said it had on Thursday served Gama with a letter explaining its decision, citing "serious violations" of... 

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