CoAL shares rocket on Vele go-ahead
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
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
Metorex has received a better takeover bid offer from Jinchuan, but Vale is sticking to its price.
Num threatens gold sector strike
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
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
Gold Fields expects its production in the second quarter to rise by 5%, while analysts said it would struggle to meet its year target.
Platmin expects prolonged disruption
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.
Metal workers union calls for strike
The National Union of Metalworkers of South Africa has announced a country-wide strike that could see more than 300,000 workers down tools.
Tough times at the face
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
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.