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SA economy sheds more jobs

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Another 49,306 jobs were lost in August, the fourth consecutive monthly decline, while only government created jobs, according to the latest Adcorp Employment Index.

BHP hits impasse with unions

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BHP Billiton faces more work stoppages at its coal mines in Australia after negotiations with a union had reached an impasse.

Sasol cans Chinese CTL venture

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Sasol has brought the curtain down on a proposed $5bn coal-to-liquids joint venture project in China, citing delays in having the endeavour approved by the Chinese authorities.

Explosion at French nuclear site kills one

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A furnace has exploded at the Marcoule nuclear waste treatment site in southern France, killing one person.

Jewellers, consumers seek gold alternative

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Silver, bronze, ebony and plastics are seeing greater use in jewellery as surging gold prices put off price-conscious consumers, say jewellery makers at an international trade fair.

Fight for Wesizwe cash heats up

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A state-appointed administrator has drafted a report which recommends that a lawsuit be instituted against the financial advisers of the Bakubung-ba-Ratheo community.

Aurora firm provisionally liquidated

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A transport logistics company says it has been granted a provisional liquidation order against the company through which Aurora has managed Pamodzi Gold's Orkney assets.

Guinea doubles state mines ownership

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It's now law for the Guinea state to take a 15 percent free-carry in mining projects and buy another 20 percent in yet another demonstration that Africa's governments want more of the resource pie.

Zim miners forced to build own power

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A handful of diamond mining companies affected by crippling power cuts in Zimbabwe have been forced to set up their own dedicated R36m power line

Finger of blame falls on Pamodzi liquidator

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Political connections saw some 600 liquidations over eights years handed to Enver Motala, the liquidator involved in the controversy ridden handling of Pamodzi Gold by Aurora Empowerment.