At least eight illegal miners die after mine shaft collapses in Zimbabwe

At least eight illegal miners have been confirmed dead in Zimbabwe after a mine shaft they were working in collapsed. The state-run ZBC is reporting that at least four of the miners were above... 

Authorities 'rely heavily' on info from illegal miners after gas explosion

Authorities say they have relied heavily on the information from illegal miners at Harmony Gold’s Eland mine in Welkom, Free State, after a gas explosion on Thursday last week. Major General Lerato... 

Search continues for more illegal miners trapped at Welkom mine

The search for the bodies of more illegal miners is continuing at Harmony Gold’s Eland mine in Welkom, Free State, after a gas explosion on Thursday last week. Major General Lerato Molale said on... 

Mining company to begin mediation talks with Northern Cape community

Kumba Iron Ore representatives are expected to enter into mediation talks with the Dingleton community this week in a bid to resolve a dispute over land in the area. Kumba wants to relocate the... 

Tegeta coal prepayment not a loan, says Eskom

The over R600-million Eskom paid to Tegeta, a company in which the Gupta family has interests, was not a loan, but a prepayment, the state-owned power utility said on Saturday. Eskom also wanted it... 

Zuma’s night of the long knives

President Jacob Zuma has fired Finance Minister Pravin Gordhan in his biggest Cabinet reshuffle yet since assuming office in 2009. In a brutal display of power, the president fired five ministers,... 

Govt gives green light for shale gas fracking in Karoo

The government has given the go-ahead for shale gas development in the Karoo region, Mineral Resources Minister Mosebenzi Zwane said on Thursday. He revealed this during a community engagement on... 

Coal drags but mining production still on the up

Mining production was up 1.3% for January 2017, compared to levels a year ago, according to data from Statistics South Africa (Stats SA). Stats SA released the mining and sales data for January... 

Russian nuclear deal places massive liability on South Africans

A nuclear agreement with Russia has far-reaching consequences for the budget the Western Cape High Court heard on Friday, as it places all liability for a nuclear accident on South Africa, while... 

Eskom and Transnet need to borrow billions more

Eskom and Transnet need to borrow billions more than anticipated in 2016, National Treasury revealed in its 2017 Budget Review on Wednesday. Even as Eskom’s financial performance improved in... 

Transnet exec suspended after tender report

A senior Transnet executive has been put on special leave following a News24 report on a R10-million tender the State-owned company awarded to the executive's former boss. Transnet confirmed on... 

Zim gold producer claims ownership of cargo on crashed plane

A leading gold producer, developer and explorer in southern Africa, Metallon Corporation, has claimed ownership of the gold that was being transported by a private plane that crash-landed in... 

Guptas fail to sell SA companies by end of 2016

The Guptas’ intention to dispose of their shares in all their South African businesses by the end of 2016 has not come to fruition, their family spokesperson confirmed this week. "The Gupta family... 

Solidarity vows to fight for its members at Barbrook Mine

Trade union Solidarity said on Friday that it was concerned about the state of affairs at Vantage Goldfields’ Barbrook Mine in Barberton and that it would continue to do all it can to protect its... 

50% of matriculants gain access to higher education

The Department of Basic Education has announced that more than 50% of matriculants have obtained passes that will give them access to higher learning institutions. "More than 50% of learners passed... 

Outlook 2017: SA growth weak, but stronger than 2016

South African asset prices should perform "ok", but mainly because there are more negative peers to compare to – especially Turkey – emerging markets economist Peter Attard Montalto of Nomura said... 

Lonmin must improve housing plan or face losing its mining rights

The Department of Mineral Resources plans to ask mining giant Lonmin for a compliant housing plan and may revoke the company's mining rights if it doesn't receive it, President Jacob Zuma said on... 

Government ready to compensate Marikana victims – Zuma

The Presidency announced on Sunday that government is ready to compensate families of the Marikana victims. "The SAPS has instructed its attorneys to make offers of payments in full settlement of... 

Guptas, Eskom still not budging on R2bn coal fine payment

The Guptas, who part-own Optimum Coal Mine through Tegeta Resources and Energy with President Jacob Zuma’s son Duduzane Zuma, have yet to pay the R2.176-billion fine imposed on it by Eskom. That is... 

Glencore lashes out at Eskom over coal claims

Glencore has rejected allegations by Eskom CEO Brian Molefe that it sold the parastatal coal at exorbitant prices. Molefe accused Glencore of previously trying to sell coal to Eskom at a rate of... 

Zwane's 'mystery' Dubai trip

A series of unused flights during a "mysterious" trip abroad by Mining Minister Mosebenzi Zwane, during which he allegedly escorted a member of the Gupta family to a meeting with an international... 

Eskom's Molefe implicated in 'state capture' report

Former public protector Thuli Madonsela's long-awaited state capture report includes damning details on the relationship between Eskom CEO Brian Molefe and the controversial Gupta family. Molefe... 

Now Minister Zwane applies to interdict 'state capture' report

Mineral Resources Minister Mosebenzi Zwane has filed papers to join proceedings in the application to interdict the release of the Public Protector's "state capture" report. The matter is due to be... 

Guptas list why Gordhan's application is fundamentally flawed

The Guptas said Finance Minister Pravin Gordhan’s court application is fundamentally flawed and will assist them in clearing their name, their lawyer said in a statement on Tuesday. “We are... 

Presidency hits back at ‘attack’ on Zuma by mining execs

The Presidency said it is concerned with the “relentless public attacks” on President Jacob Zuma, after AngloGold Ashanti chairperson Sipho Pityana called for South Africans to urge Zuma to resign.... 

Brown: Unless economy in hands of majority, it's going nowhere

The economy must be controlled by the black majority, said Public Enterprises Minister Lynne Brown. Brown spoke to media briefly following a closed meeting with the Black Business Council (BBC) in... 

Hearings into mining community problems resume

The South African Human Rights Commission (SAHRC) hearings into the socioeconomic conditions in mining communities are expected to resume in Johannesburg on Monday. "Significant levels of poverty,... 

Case against 22 illegal miners in Welkom postponed

The case against 22 illegal miners arrested at a Welkom gold mine was postponed in the Bloemfontein Magistrate’s Court, Free State police said on Monday. The matter was postponed to September 26... 

More illegal miners die, this time in Welkom

The South African National Civic Organisation (Sanco) has expressed sadness at the deaths of two illegal miners at the Eland shaft of Harmony mine in Welkom. In a statement issued on Saturday,... 

Gupta report to be ready before Madonsela says final goodbye

A report on the Gupta family will be ready before outgoing Public Protector Thuli Madonsela finishes her term, she said on Wednesday. Speaking at the Rhema Bible Church's Truth Be Told conference,... 

Volunteer rescue workers retrieve last body from Langlaagte mine

Twenty-two volunteer rescue workers had to endure a long night as they miraculously retrieved the bodies of the last two miners that were still trapped underground at the Langlaagte mine.... 

'They know the channels best' – Illegal miners help search in Langlaagte rescue

Highly specialised rescue technicians and illegal miners formed an unlikely partnership as they spent Monday night searching for men trapped underground at a disused Langlaagte mine. The teams... 

Gordhan met Gupta-owned Oakbay on banks 4 months ago

Finance Minister Pravin Gordhan admitted meeting with Oakbay Investments in May this year. In a parliamentary question posed by the Democratic Alliance’s (DA's) David Maynier, Gordhan said he had... 

Treasury studying Eskom's report on Tegeta

Finance Minister Pravin Gordhan said he didn’t know why it took Eskom a while to respond to National Treasury’s request for a report relating to contracts with Tegeta for coal. He and other... 

Oakbay backs judicial inquiry into banks

A judicial commission of inquiry into banks is the best way to shed light on the reasoning behind their decision to close off accounts with Oakbay Investments, said Chief Executive, Nazeem Howa. In... 

Zwane: I won't resign

Minister of Mineral Resources Mosebenzi Zwane on Wednesday said he would not resign, after being asked if he would do so by Democratic Alliance (DA) member of parliament (MP) David Maynier. Zwane... 

KZN mining boss gunned down in an apparent hit

A Richards Bay mining boss has been gunned down in an apparent hit, KwaZulu-Natal police said on Wednesday. Richards Bay Minerals HR manager Ronny Nzimande was shot while sitting in his car outside... 

Shares in Guptas' Oakbay Resources recover after 10% dive

Shares in Oakbay Resources & Energy fell more than 10% on Monday after the Gupta family, which controls the firm's holding company, said at the weekend they will sell their South African... 

Release coal docs at your own peril, Guptas warn Treasury

Four days before the Guptas’ business chiefs ambushed Finance Minister Pravin Gordhan on a radio station, their company Tegeta threatened Treasury over a report into coal contracts with Eskom. The... 

Not all unions on board with Eskom wage deal

Not all unions are on board with Eskom's new wage offer.Eskom announced on Friday morning that it has reached a two-year wage agreement with its recognised trade unions, ending what it deems to...