Tuesday, June 19, 2018

South African gold producers intend to build and sell more homes to employees in an effort to ease the social pressures that led to the Marikana massacre in 2012.

The Democratic Republic of Congo said it hoped to remove dollars from its economy by imposing taxes to be paid in the DRC franc.

The National Union of Metalworkers of SA said up to 70% of jobs at BHP Billiton's Bayside smelter would be lost.

Nedbank Capital head of resources, Mark Tyler, said raising finance for African mining projects required a holistic approach incorporating debt and equity packages.

Northam Platinum will post an interim loss owing to the effects of an 11-week strike at its Zondereinde mine in which is lost R750m in revenue.

Zimbabwe's Chamber of Mines rejected a mining policy document proposing the state control the sale of minerals and auction mineral deposits.

Eskom parted ways with CEO, Tshediso Matona, adding that the suspension he was serving had fallen away as he was not guilty of misconduct or wrongdoing.

THE Economic Freedom Fighters (EFF) has thrown its political weight behind Eskom saying that coal supplier, Exxaro Resources, should be black-controlled before supplying coal...

South Africa's most valuable export industry would be destroyed if wage talks in the country's gold mining sector were allowed to fail, said CoM CEO, Bheki Sibiya.

The mines minister of Guinea has said Rio Tinto was unlikely to launch the $20bn Simandou iron ore project on time.