Off The Wires

The Association of Mineworkers & Construction Union said he would continue to strike ignoring a plea from the industry that failing to end the strike would result in job losses.

CNMC Luanshya Copper Mines followed Zambian law when it closed the Baluba mine sending more than 1,600 workers on forced leave.

Guinea's electoral commission on Saturday declared President Alpha Conde winner of an October 11 election to give him a second five-year term.

Diamond prices had potential to increase in 2015 as demand was generally in good shape, said De Beers CEO, Philippe Mellier.

Zambia may cut power generation by up to a quarter owing to poor rainfall which has affected levels at the country's hydroelectric power sources.

BHP Billiton, the world's largest mining group, said it was committed to maintaining its strong balance sheet "through the cycle".

Thermal coal prices started 2016 warily with physical cargo values of about $50/t and futures testing $40/t for the first time since 2003

South African power utility, Eskom, will attempt to secure a tariff increase of 16.6% for 2016/17 when it begins hearings with Nersa this week.

Elize Strydom, chief negotiator at the Chamber of Mines of SA, declared herself apprehensive owing to possible strike action at the country's platinum mines.

Village Main Reef was the subject of opportunistic interest from private investment grouping, Kumvest, said the firm's CEO, Ferdi Dippenaar.