JSE-listed Assore has achieved record attributable earnings for the third consecutive financial year, as iron-ore prices increased and the rand:dollar exchange rate weakened. The group on Thursday posted a 25% year-on-year increase in headline earnings…
Assore achieves third consecutive earnings record Read More »
State-owned power utility Eskom on Wednesday said it was unlikely that there would be any load-shedding over the next seven months as the utility’s generation performance was starting to improve. The embattled utility had managed to avoid load-shedding…
Eskom confident of avoiding summer load-shedding but does not rule it out Read More »
Aim-listed Capital Drilling on Thursday reported an 87.3% increase in earnings a share for the six months ended June 30 to $0.037, compared with the $0.02 reported for the six months to June 30, 2018. The drilling solutions company’s net profit after t…
Capital Drilling delivers strong half-year results Read More »
The Department of Water and Sanitation (DWS) is planning to take “drastic measures” to ensure mines and other sectors of the economy take responsibility for any groundwater contamination caused by their operations. In a water status update on Wednesday…
Highveld polluters on the water department’s radar Read More »
Some 18 months into its four-year business transformation programme, diamond miner Gem Diamonds is on track to deliver its targeted $100-million in incremental revenue, productivity improvements and cost savings by the end of 2021. Since implementation…
Gem Diamonds delivers good first-half output Read More »
Despite being on the radar for many years, illegal mining remains a dangerous, unregulated concern for South Africa’s mining industry and the wider economy. Illegal artisanal mining in South Africa is among the most lucrative and the most violent in Af…
Solutions beyond policing proposed as zama-zamas continue to wreak havoc Read More »
Aim-listed Shanta Gold on Thursday posted an 11% year-on-year increase in gold production to 42 230 oz for the first half of this year. The East Africa-focused gold producer, developer and explorer’s production for the second quarter, at 19 856 oz, was…
Shanta lifts first-half gold output by 11% y/y Read More »
The mining industry in South Africa is continuing its transformation journey as it adjusts to the ever-increasing pace of the prevailing technological revolution, with the 100-plus-year-old industry, steeped in tradition and at times crisis, seeking ou…
SA mining adopting, driving 4IR as its transformation journey continues Read More »
The success of public-private joint venture Debmarine Namibia illustrates the possibilities of marine extraction activities attaining environmental sustainability, local empowerment of communities and economic progression. The marine diamond recovery p…
Namibia’s diamond marine recovery a success story to replicate – Debmarine Read More »
With the too-high economic cost of a lost opportunity looming, immediate measures are required to assist the platinum group metals mining sector to improve its viability and preserve employment. This is the intent behind the industry’s new South Africa…
