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Eurasian Resources ready to sell DRC Frontier mine

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KAZAKH mining company, Eurasian Resources Group, was considering selling its Frontier copper mine in the Democratic Repubilc of Congo (DRC), even though potential changes...

Environmental groups prepare interdict to halt Petmin mine

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ENVIRONMENTAL lobby groups are set to lock horns with Tendele Mining, a subsidiary of Petmin, a predominantly anthracite mining firm whose Somkhele colliery is...

Vanadium battery conversions below expectations – Mojapelo

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THE adoption of vanadium-powered batteries - known as Vanadium Redox Flow Battery (VRFB) technology - was currently low in South Africa owing to regulatory uncertainties,...

Impossible for Gupta-owned Optimum Coal to do business

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IT was impossible for the Gupta family-owned mining companies to do business following the withdrawal of its sole, remaining lender from South Africa -...

Vedanta to appeal UK court decision over KCM pollution case

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THE UK's Supreme Court handed Vedanta Resources a lifeline in its bid to overturn previous court decisions which found that Zambian residents living near its...

Implats appoints former AngloGold finance VP as CFO

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IMPALA Platinum (Implats) said it had appointed Meroonisha Kerber, previously senior vice-president of finance at AngloGold Ashanti, as its new CFO. Kerber replaces Brendan...

Kropz Elandsfontein phosphate mine needs “additional capital”: ARC

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COMMISSIONING of the Kropz phosphate mine Elandsfontein, situated near the ecologically sensitive Langebaan Lagoon on South Africa's Western Cape coastline, had been earmarked for...

Sale of massive stone ups Gem Diamonds Q1 diamond prices 48%

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A strong demand for high-quality white rough diamonds from Gem Diamonds' Letšeng mine, in Lesotho, increased the company's average realised diamond price by 48% in the quarter...

Congo hits back at Botswana, saying elections are “irreversible”

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THE Democratic Republic of Congo has hit back at Botswana after the southern African country criticised the Congo for the "worsening humanitarian situation" which...

South32 sets goal on starting independent SA coal business

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SOUTH32 would begin the divestment from its South African Energy Coal (SAEC) business in six months, said Mike Fraser, chief operating officer for the...