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Tsvangirai condemns Zim indigenisation

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Zimbabweans didn't have the resources to buy the equity on offer in terms of that country's indigenisation strategy, said prime minister Morgan Tsvangirai.

Mozambique rejects Rio barging plan

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Plans by Rio Tinto to barge coking coal mined from its Riversdale operation down Mozambique's Zambezi river have been scotched by the country's government.

Malema expelled from ANC

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Julius Malema was found to have 'reneged on his membership' oath and was therefore expelled from the ANC, the ruling party said last night.

Firestone to lift output on Eskom, investor talks

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Coal supply negotiations with Eskom and an unnamed multinational will result in Firestone Energy radically increasing proposed production from its Waterberg project.

Implats’ Brown says no exit from Zimbabwe

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Impala Platinum CEO, David Brown, said the company has no intention of exiting its Zimbabwean investments despite intense pressure from the country's indigenisation minister, Saviour Kasukuwere.

Coking coal, copper markets ‘tight’: Rio

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Rio Tinto says the markets for copper and coking coal would remain 'tight' although it could not rule out continued volatility.

IFM agrees to shut two furnaces

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Eskom has agreed to buy back power from International Ferro Metals which has agreed to shut two furnaces in deals most likely similar to shut downs at Rukkii, Xstrata and Samancor.

CoM lauds Shabangu in rankings success

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Bheki Sibiya, CEO of the Chamber of Mines of South Africa, said South Africa's much improved ranking in the Fraser Institute study into political risk was down to the efforts of mines minister, Susan Shabangu.

Miranda declared ready to start coal mining

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Miranda Minerals said it was over its business travails and, with a fresh balance sheet, was looking forward to producing coal from the KwaZulu-Natal province.

R300bn nuclear budget “just the beginning”: Peters

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The R300bn set aside in finance minister Pravin Gordhan's national budget last week for nuclear power in South Africa was just a beginning said Dipuo Peters, energy minister.