Eskom hoping to delay closure of three oldest coal-fired power plants
ESKOM plans to delay the closure of three of its oldest coal-fired power plants in order to maintain generation capacity, said Bloomberg News.
Citing documents...
For better or worse, coal is here to stay as Asia...
THE thermal coal market has moved on since the energy security crisis sparked by Russia’s invasion of Ukraine. According to analysts, the outlook for...
Namdeb posts giant loss
Namdeb, the partnership company between the Namibian government and diamond giant De Beers, reports a loss before tax of N$555m for the 2009 year, compared to a N$1.98bn profit in 2008, mainly due to a decrease in revenue.
First batch of 698 foreign mineworkers return to SA, but border...
FOREIGN mineworkers are eventually making their way through neighbouring country border posts back to South Africa, said Niks Lesufi, senior executive for safety and health...
China’s Zijin to buy Akyem for $1bn
CHINA'S Zijin Mining Group is to buy the Akyem Gold Mine Project in Ghana from US miner Newmont Corp. for $1bn, said Reuters citing...
Questions over Petrohawk trades
A number of well-timed bullish bets in options of BHP Billiton target Petrohawk has raised eyebrows among some options market watchers.
Harmony Gold unveils $2.6bn Golpu giant
Harmony said the first stage of its Golpu project would produce 500,000 gold equivalent ounces at peak production and cost $2.5bn to build on an 100% basis.
Menar’s R250m East Manganese project permitted ahead of first production
PRIVATELY-owned resources investment company, Menar, said it had been granted a mining right and water use licence for its R250m East Manganese project, a...
DRC issues six month waiver on copper concentrate export ban
THE Democratic Republic of Congo (DRC) has issued a six-month waiver to an export ban on copper concentrate, said Reuters, citing a letter it...
Chinese firm digging for coal in Zimbabwe denies disturbing gravesite
A CHINESE company digging for coal in Zimbabwe denied allegations by local community members that it had disturbed graves, said Reuters.
"Beifa Investments ... categorically...