Wednesday, November 22, 2017

Shiva Uranium, who took over Uranium One's Dominium Reefs Mine, has wasted no time cutting jobs at the mine despite promising the Competition Commission that no job losses would result from the takeover.

Power utility Eskom will hold a briefing on wage negotiations with the National Union of Mineworkers and the National Union of Metalworkers of SA as the unions confirmed strike notices.

The largest union representing Eskom workers have decided to go ahead with a strike next week, which may leave households and businesses in the dark during the World Cup.

Diversified mining group Exxaro has announced that the Tiwest Joint Venture partners - itself and Tronox Incorporated - have successfully commissioned the Tiwest Kwinana titanium dioxide (TiO2) pigment plant expansion project.

Power utility Eskom says that it has contingency plans in place, should it face strike action, but unions say they are reluctant to take the striking option.

Australian junior Riversdale Mining has lined up two major Chinese backers for its second proposed coal venture on the Moatize field in Mozambique.

CIC Energy, says it has extended its engineering, procurement and construction (EPC) contract to allow time for South Africa to approve its second Integrated Resource Plan (IRP2010).

Serious consideration is being given to the possibility of unbundling Eskom's transmission network and making it part of the future independent systems operator.

First Uranium Corporation shares are up on news that the key water use licence for the Mine Waste Solutions operation has finally been granted.

China's Ningxia region hopes building work will start this year on a major coal-to-oil project designed by South Africa's SASOL but central government has yet to give the go-ahead.