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Major oil find off Namibian coast

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Billions of barrels in oil reserves have been found off Namibia's coast, which could make the country a top producer.

Chinese beat Vale’s Metorex bid

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Metorex has received a better takeover bid offer from Jinchuan, but Vale is sticking to its price.

Num threatens gold sector strike

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The National Union of Mineworkers says it is preparing to strike after the Chamber of Mines refused to budge from its 4.2% wage hike offer.

Rockwell speeds up projects

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Rockwell Diamonds has accelerated a number of projects to enhance the recovery of diamonds on existing operations as well as at the Tirisano project.

Gold Fields sees output rise, but doubts remain

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Gold Fields expects its production in the second quarter to rise by 5%, while analysts said it would struggle to meet its year target.

Metal workers union calls for strike

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The National Union of Metalworkers of South Africa has announced a country-wide strike that could see more than 300,000 workers down tools.

Platmin expects prolonged disruption

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Operations at the Pilanesburg platinum mine belonging to Platmin will be disrupted for some time, following an illegal disruption by employees of the mining contractor.

Tough times at the face

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New entrants to South Africa's coal sector had a bucket of cold water thrown over them at the recent Coaltrans South Africa conference.

Zambian coal power plant construction to start

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Singapore's Nava Bharat Pte plans to start construction of a 300MW coal-fired power plant in Zambia by the end of 2011 and complete it by 2014, says company director Ashwin Devineni.

Cosatu, ANCYL ‘on same page’ over nationalisation

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The ANC Youth League's position on nationalisation and land reform is in line with that of Cosatu and its affiliate Numsa, says the union's general secretary Irvin Jim.