Home News Page 1120

News

Kasukuwere calls time on tardy miners

0
Saviour Kasukuwere, Zimbabwe's youth, indigenisation and empowerment minister, says the country will move quietly in seizing shares of companies failing to have met the indigenisation deadline.

DRC mining audit not a new review – official

0
A proposed audit by the DRC's state mining firm of its joint venture partnerships should not be mistaken for a new mining contract review, says a government official.

The gospel according to Mark

0
AngloGold Ashanti CEO Mark Cutifani has in the four years since his unheralded appointment done as much to conserve features of the company as change it.

Transnet eyes 80 mln tonnes on Waterberg line

0
A planned rail link to South Africa's Waterberg coal fields could eventually handle up to 80 million tonnes of coal a year if there is enough demand, says Transnet.

Zambian workers strike over pay

0
About 2,000 Zambian workers at NFC Africa Mining, majority-owned by China Nonferrous Metals Mining Corporation, have gone on a strike.

Zambia lifts metals export ban

0
Zambia has lifted a ban on metal exports just two days after imposing it to sort out irregularities and increase transparency, says a minerals ministry official.

Amsa confirms ICT deal is dead

0
ArcelorMittal SA, the local arm of the world's largest steel maker, has confirmed it has canned its acquisition of Imperial Crown Trading for R800m.

Shabangu: no casualties from mines debate

0
Mines Minister Susan Shabangu says she has found no evidence that investors are fleeing South Africa due to the nationalisation debate.

Mining surge to increase DRC’s power deficit

0
The Democratic Republic of Congo will see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry.

DiamondCorp’s Lace project to cost 15% more

0
Diamondcorp says its Lace project in the Free State will cost 15% more than expected due to the weakening of the rand.