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By: Anine Vermeulen Updated 3 hours ago JSE-listed Master Drilling’s headline earnings a share increased to $0.12 in the year ended December 31, 2014, compared with $0.10 a share the year before. Revenue rose to $132.03-million in the year under review, compared with $119.69-million in 2013. →
By: Zandile Mavuso Updated 3 hours ago The Department of Environmental Affairs (DEA) has requested additional information to the final environmental-impact assessment (EIA) report submitted to it for the proposed construction of the 600 MW coal-fired independent power producer (IPP) plant and associated infrastructure for Kuyasa... →
By: Megan van Wyngaardt Updated 3 hours ago Aim-listed gold producer Goldplat has suffered a £377 000 pre-tax loss and an £827 000 operating loss for the six months ended December 31, 2014, owing to the impact of refinery problems at its operations and increased exposure to gold price fluctuations. The Africa-focused miner said that, while... →
By: Martin Creamer Updated 4 hours ago South Africa’s Mineral Resources Minister Ngoako Ramatlhodi will on Tuesday brief the media on the outcomes of the audit to assess the extent to which mining companies have complied with the Mining Charter in the ten years to 2014. This follows the Minister making in clear last month that the... →
By: Martin Creamer Updated 4 hours ago Mxolisi Mgojo, the executive responsible for carbon operations at the JSE-listed diversified mining company Exxaro Resources, has been appointed to serve as CEO-designate of the black-controlled company as part of a year-long exit process by incumbent CEO Sipho Nkosi, who will retire in March... →
By: Natalie Greve Updated 4 hours ago Vancouver-based miner Nevsun Resources has successfully restarted the processing plant at its Bisha mine, in Eritrea, following repairs to the ball mill and the tailings thickener during a two-week shutdown. The processing plant had been offline since March 13, when a mechanical issue with the... →
By: Megan van Wyngaardt Updated 4 hours ago Dual-listed Rockwell Diamonds has entered into an agreement to sell its noncore Tirisano project, in the North West, to a mining consortium for R60-million. The consortium, comprising royalty miners that have operated the mine for the last two years, would acquire the entire issued share capital,... →
By: Creamer Media Reporter Updated 7 hours ago AECI executive committee member and subsidiary AEL Mining Services MD Schalk Venter has resigned to take up a position at Afrox, effective May 18. Venter, who was replacing Brett Kimber, had been MD since 2012 and had played a leading role in expanding AEL’s international footprint and... →