Egypt to invest in Rwanda power
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.
Rand slides on Euro nerves, poor growth
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.
Village Main Reef set to churn cash
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.
Sandvik predicts metals Q3 weakness
Swedish engineering firm Sandvik said metals prices would be weaker in the third quarter but generally the markets were in decent shape.
Transnet rules out Saldanha for manganese
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.
Vale readies first 35kt of Mozambique coal
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
Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.
Fedusa: Govt not serious about acid water
The Federation of Unions of SA has accused the government of not addressing the threat of acid mine drainage.
Petmin drives its diversification strategy
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
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.