Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Rockwell makes operating profit
Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.
Germany won’t draw followers for nuclear plan
A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.
ArcelorMittal joins Kumba in fight against ICT
ArcelorMittal SA has decided to join Kumba in its legal battle against Imperial Crown Trading.
Platinum Australia faces tough situation
Platinum Australia appears between a rock and a hard place given the labour unrest at Smokey Hills, which must perform at its best over the next two quarters to avoid a financial crunch.
Aurora liquidators deny bias claims
Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.
Trans Hex to post a loss
Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.
Creditors are gunning for Aurora
Creditor are sharpening their teeth for the directors of embattled mining company Aurora Empowerment Systems.
Eskom to build new coal-to-gas station
Eskom wants to build a new 2,100MW power station, making use of new underground coal-to-gas technology, according to a senior official.
Probe Aurora and Motala: Cosatu
Trade union federation Cosatu says the politically-connected Aurora Empowerment Systems and the liquidators of Pamodzi Gold need to be investigated.