Off The Wires

Mozambique coal rush is officially over

Mozambique has switched its attention to developing offshore gas resources signalling the end of the country's coal rush.

Anglo, Eskom at loggerheads over coal

Anglo American and Eskom are in conflict over required empowerment levels for coal suppliers to its new coal-fired power stations.

African Barrick hails sale price as ‘progress’

The sale of shares in African Barrick by the firm's parent company for $188m was a sign of the progress the firm had made, said CEO Brad Gordon.

Base to start $305m titanium Kenya mine

Australian listed mining firm, Base Resources, said it would begin exporting minerals from its $305m titanium prospect in Kenya before the end of the year.

SA minister slams Majali case

Public Service and Administration Minister Richard Baloyi has admitted that the hijacking of Kalahari Resources created a "perception driven cloud of mistrust on our company registration systems".

3,000 down tools at Impala shaft

About 3,000 workers at Impala Platinum's 14 shaft have downed tools with a meeting on the action not planned until Friday.

De Beers seeks to become leaner

De Beers, the diamond group in which Anglo American has an 85% stake, is to introduce more automation in an effort to become a leaner organisation.

MPRDA review process known in March

The process to which the Mineral and Petroleum Resources Amendment Act will be submitted will be known by Parliament in March.

Mystery surrounds Becsa Khutala deal

BHP Billiton Energy Coal of South Africa is thought to have attempted the sale of its Khutala colliery as part of a larger strategy to exit the thermal coal business.

Lucara diamond named ‘Lesedi La Rona’

Lucara Diamond Corporation said it had named the 1,111 carat diamond recently discovered at its Karowe mine in Botswana Lesedi La Rona.