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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.

Fedusa: Govt not serious about acid water

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The Federation of Unions of SA has accused the government of not addressing the threat of acid mine drainage.

Petmin drives its diversification strategy

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Petmin has sold its Samquarz silica mine at a handsome profit as it diversifies into commodities such as iron ore and copper where chairman Ian Cockerill believes future profits lie.

Guinea to review mining contracts

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Unconscionable provisions in mining contracts conducted with Guinea's former government would be overturned in a comprehensive mining review announced by the country's mines minister.

Rockwell wants Sandile Zungu to cough up

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New theme tune at Rockwell's head office has to be Bruce Springsteen's "pay me my money down" as CEO James Campbell goes after BEE partner Sandile Zungu for money owed.

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.

Pan African promises super dividends

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Pan African Resources has proposed to pay a 37.9% increase in dividend, with CEO Jan Nelson saying investors can expect more of the same in future.

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.

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.