Home News Page 849

News

South32’s Kerr wants to grow SA coal business

0
Although minor contributors to group value, South32's South African coal assets form the foundation of a growth business.

Harmony’s Briggs announces retirement plans

0
The retirement of Graham Briggs, the seven-year-long CEO of Harmony Gold, comes at a time when his company stands the most vulnerable if wage talks fail.

RBCT unveils R1.34bn replacement plan

0
Richards Bay Coal Terminal is to spend R1.34bn over three years replacing its machinery at its phase one facilities notwithstanding the slide in coal prices.

Kumba to shut Thabazimbi, retrench 1,060

0
Kumba Iron Ore is to shut its Thabazimbi mine in South Africa's Limpopo province taking numbers retrenched to more than 1,300 people.

Harmony, unions save Doornkop thousands

0
Harmony Gold hailed the cooperation of NUM and other unions for helping save roughly 3,000 jobs at its struggling Doornkop gold mine.

Molefe Eskom stay extended three months

0
The power utiity also announces that four executives it suspended in March - three of whom have left the organisation - have been cleared of any wrong-doing.

Transnet targets 77mt coal exports in 2016

0
South Africa's rail and logistics company Transnet said it hoped to increase coal exports again in 2016 notwithstanding the slump in international coal markets.

RBPlat gives up 5% as interim loss hits home

0
Shares in Lonmin lost about 12% taking losses for the last 30 days to over 40% while Royal Bafokeng Platinum said it would post an interim loss.

SA makes second run at Botswana coal

0
An unnamed South African firm would pay Aviva Resources $20m if it could develop a power project at Botswana's Mmamantswe coal deposit.

Exxaro faces series of strategic brain-teasers

0
Empowerment and decisions over investments in Moyoko, Tronox and TCSA have made 2015 a year of delicate decision-making for Exxaro Resources.