Off The Wires

Former SA mines minister asked by Eskom to blackmail Glencore

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BRIAN Molefe, the returning CEO of Eskom and the power utility's chairman, Ben Ngubane, allegedly pressed former mines minister, Ngoako Ramatlhodi, into blackmailing Glencore,...

Govt draft energy plan puts 2028 date on new coal-fired capacity

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THE first new baseload coal-fired energy in South Africa would only be commissioned by 2028, according to BusinessLive which cited the Department of Energy's...

Petmin’s Somkhele mine calls strike

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About 100 employees of Somkhele operator, Tendele Coal Mining, have been on strike since September 16 over wages and benefits.

Mahanyele to quit Shanduka Group

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Phuti Mahanyele is to leave Shanduka Group in June after 10 years at the company in order to start her own business.

Acacia hedges Buzwagi gold production

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Acacia Mining said it had hedged the dollar denominated production from its Buzwagi mine in 2016 which it may extend to 2017.

Miners rescued at collapsed Vantage gold mine

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75 miners of some 78 trapped underground since this morning at the Lily gold mine in Mpumalanga province have been brought to surface.

Steenkamp appointed CEO of Harmony Gold

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Peter Steenkamp will return to Harmony Gold in January where he will replace Graham Briggs as the gold firm's CEO.

Zwane sets new deadline on “revolutionary” mining charter

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SOUTH African mines minister, Mosebenzi Zwane, has set a new deadline for a redraft of the mining charter which he is quoted to have...

South32 may buy Anglo stake in Samancor

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South32 was open to buying Anglo American's stake in Samancor, the South African-based manganese producer in which it is the joint venture partner.

Former Amplats boss blasts Cynthia Carroll

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Neville Nicolau, CEO of Basil Read, said Anglo's former boss, Cynthia Carroll, botched the restructuring of Amplats which Nicolau led from 2008 to 2012.