SFO settles decade-long ENRC fraud probe suit
BRITAIN’S Serious Fraud Office has reached a settlement with Kazakh miner ENRC, closing a lawsuit accusing the agency and law firm Dechert of inflicting substantial financial…
Mantashe reiterates tailings concerns after Samancor incident
Mines Minister Gwede Mantashe says tailings dams are a mining issue and must be treated as part of mining operations, not as a water issue. Mantashe visited Samancor Dikwena…
Ghana jails opposition figure over illegal mining
GHANA has sentenced a senior opposition politician to 20 years in prison over charges tied to illegal mining, said Bloomberg News citing a report by Joy FM – a privately-owned…
Randgold pursues Gold Fields over Kebble-era share theft
ON the night of September 27 2005, Brett Kebble climbed into his silver-grey Mercedes-Benz S600 and drove into the Johannesburg dark. Near a bridge over the M1 in the city’s…
Pula Group appeals ARC graphite damages ruling
US-based Pula Group has filed for leave to appeal a Johannesburg high court judgement that cleared Patrice Motsepe’s African Rainbow Capital (ARC) of liability in a R3.4bn…
Mantengu announces reverse takeover by UAE energy firm
MANTENGU Mining effectively brought the curtain down on five years of breathlessly controversial activity on the JSE announcing today its takeover by Averi, a UAE company…
Coal miner Thungela digs in over shareholder rights
IT’S necessary to state from the outset that the current legal battle between Aeon Investment Management, Fossil Free SA and shareholder activist Just Share on the one side and…
Motsepe’s ARC ruled not liable for breach in Pula dispute
AFRICAN Rainbow Capital (ARC) has won a declaratory judgment in the Johannesburg High Court which ruled it had no liability under a confidentiality agreement at the centre of a…
Secretive Eskom gets walloped in court by AfriForum
LET it not be said that Eskom doesn’t look out for the little guy. Sure, it buys diesel for its generators from PetroSA and other major international players. But it also spreads…
Rio Tinto gives green light to RBM’s $473m Zulti South
RIO Tinto on Monday approved the expansion of its 74% held Richards Bay Minerals (RBM), an industrial metals miner, representing new investment of $473m (R8.5bn). The approval of…
A decade on, Lily Mine rescue remains unresolved
WHEN the Lily Mine collapsed in February 2016, burying three workers underground, it set in motion two parallel tragedies: a humanitarian crisis that has never been resolved, and…
Court rules Zimplats not liable for platinum royalty
ZIMBABWE’S High court said Impala Platinum’s local unit was not liable to pay mining royalties of $7.1m on exports matte and concentrates. According to a report by Bloomberg News…
Sundance loses arbitration over permit seizure
SUNDANCE Resources lost its case against the Democratic Repubic of Congo after an arbitration panel dismissed the Australian miner’s challenge to the expropriation of subsidiary…
Govt should step aside and let business build SA
WHEN I read about the KwaZulu-Natal high court ruling allowing the Philippines-based ICTSI to proceed with the upgrade of Durban’s Container Terminal Pier 2, I had two thoughts:…
What’s behind Mantengu’s crusade against the JSE?
FOR a junior miner barely two years into its listed life, Mantengu has found itself at the centre of an extraordinary saga — one involving alleged share price rigging, a supposed…
Court blocks Mantengu from publishing JSE allegations
THE Johannesburg High Court has refused to hear the JSE’s urgent application against Mantengu Mining but barred the junior chrome and platinum producer from making further public…
UK court rules BHP liable for Fundao dam collapse
A UK court ruled BHP bears legal responsibility for a dam failure nine years ago in Brazil’s Minas Gerais state, opening the door to claims that lawyers have estimated could…
Sibanye-Stillwater agrees R3.7bn out of court deal with Appian
SIBANYE-Stillwater and Appian Capital Advisory have agreed to a $215m (R3.7bn) out of court settlement ending a dispute related to two base metals deals dating back four years.…
Tailwinds for Sibanye-Stillwater’s Stewart but dangers lurk
THERE was never a question of Neal Froneman shedding tears of sadness as he stepped from the Sibanye-Stillwater podium for the last time in August, as Mark Cutifani did when he…
MPRD bill talks will take “a lot of thrashing” to avoid court
THE Minerals Council wants to “thrash out” with Government the issues it is not happy with in the proposed amendments to the Minerals Petroleum and Resources Development Bill but…