Remgro to unbundle investment in Trans Hex
Investment group Remgro has approved the unbundling of its investment in diamond miner Trans Hex.
China yet to approve SASOL coal-oil scheme
China's Ningxia region hopes building work will start this year on a major coal-to-oil project designed by South Africa's SASOL but central government has yet to give the go-ahead.
BSI Steel in R70M acquisition deal
Steel company BSI Steel has announced that it is acquiring 100% of the issued shares of
the privately-held entities, Staalbeer Limited and Universal Pulse Trading 103 for R70m in shares and cash.
Zambia blackout shuts copper mines
A nationwide power blackout on Friday forced copper mines in Zambia, Africa's top producer of the metal, to halt output.
ArcelorMittal mum on new offer for Zisco
It is unclear whether ArcelorMittal SA, the South African arm of the world's largest steel producer, will re-bid for a stake in Zimbabwean Iron and Steel Company (Zisco).
Northam hikes Booysendal capex
Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.
CoAL to raise R619m for growth, debt payments
Coal of Africa Ltd will raise R619m in a rights issue to fund studies into its Makhado project, acquistions of contiguous properties as well as pay down debt.
Shareholders ditch Central African Gold
Central African Gold, the gold company with a portfolio of production and exploration assets in Africa, says that three major shareholders have sold their shares in the company.
Simmers appoints new CFO
Junior gold producer Simmer & Jack Mines has announced the appointment of Marius Saaiman as chief financial officer.
We’re ready for strike – Eskom
Power utility Eskom says it is ready should its 16,000 workers decide to go on a strike over wages.