QKR sells 7.5% in Navachab to Epangelo
QKR Corporation, founded by former banker Lloyd Pengilly, has sold a 7.5% stake in its recently purchased Navachab mine to Namibia's Epangelo Mining.
DiamondCorp maiden sale due in October
DiamondCorp said its first diamond sale was scheduled for October when underground development would yield diamonds representative of the Lace mine.
Magara, Mathunjwa go head-to-head
Ben Magara, CEO of Lonmin and Joseph Mathunjwa, president of AMCU, exchanged views in front of hundreds of union supporters.
Eskom appoints ABB to replace Alstom
Eskom had "consensually" ended the control and instrumentation contract with Alstom S&E Africa at its 4,800MW Kusile power station appointing ABB in its place.
Gupta’s Optimum supplying Eskom’s Arnot
Eskom is sourcing coal for its Arnot power station from a mine bought by the influential Gupta family.
DRDGold to sell mineral rights for R220m
DRDGold is to sell mineral rights owned by its now closed gold mine, East Rand Properitary Mines or ERPM, to private company Walcott Capital for R220m.
Unions to reconsider ‘winner takes all’ principle
Majoritarianism, in which the dominant union has the lionshare of privileges in terms of mine representation could be overtuned by management, and labour.
Cabal plotted to oust Zimbabwe’s Mugabe
Robert Mugabe, Zimbabwe president, said a cabal had plotted to remove him from power.
First Quantum paid $500m dividend: sources
Toronto-listed First Quantum Minerals had paid a $500m dividend from its Zambian copper unit, according to market speculation.
SA Govt. to unveil asset sale in February
The South African government would announce which assets it intended to sell in order to recapitalise Eskom in February.