Home News Page 1176

News

CoAL shares rocket on Vele go-ahead

0
Coal of Africa’s shares are surging after an announcement that it has been authorised to restart operations at Vele, its coal project close to Mapungubwe.

Major oil find off Namibian coast

0
Billions of barrels in oil reserves have been found off Namibia's coast, which could make the country a top producer.

Strike to hit coal sector

0
More than 250 000 workers in the coal industry look set to down tools.

Num threatens gold sector strike

0
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

0
Rockwell Diamonds has accelerated a number of projects to enhance the recovery of diamonds on existing operations as well as at the Tirisano project.

Chinese beat Vale’s Metorex bid

0
Metorex has received a better takeover bid offer from Jinchuan, but Vale is sticking to its price.

Gold Fields sees output rise, but doubts remain

0
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

0
The National Union of Metalworkers of South Africa has announced a country-wide strike that could see more than 300,000 workers down tools.

Vale’s the only offer, says Metorex

0
Metorex says it has still received no firm offer from any party other than Brazil's Vale, which has made a $1.1bn offer for it.

Platmin expects prolonged disruption

0
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.