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Rock driller loses life at Ezulwini

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A rock drill operator has lost his life at First Uranium Corp.'s Ezulwini mine, the company announced.

Rand slides on Euro nerves, poor growth

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The rand slide to 7.4 against the dollar, a decline of 1.7% on Wednesday in nervous trade ahead of more European talks on Greece's debt and weakening domestic growth in South Africa.

Egypt to invest in Rwanda power

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Orascom Construction Industries plans to invest up to $130m in Rwanda in the next three to four years to build a methane power plant to produce 50 megawatts.

Sandvik predicts metals Q3 weakness

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Swedish engineering firm Sandvik said metals prices would be weaker in the third quarter but generally the markets were in decent shape.

Village Main Reef set to churn cash

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If the rand gold price stays at current levels Village would generate the kind of cash that would make a mockery of its current share price according to CEO Bernard Swanepoel.

Zim mines minister calls for calm

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Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.

Transnet rules out Saldanha for manganese

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Transnet Freight Rail has dismissed using the Sishen-to-Saldanha railway line for the future transport of manganese ore, saying the line will be reserved for iron ore.

Deals too expensive, says Anglo’s Carroll

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Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.

Vale readies first 35kt of Mozambique coal

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Brazilian miner Vale said it would export its first coal from its Mozambique mine on Wednesday after resolving bottlenecks on the rail line.

Forbes Coal posts record exports

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Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.