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Eskom: Medupi has not been delayed

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Eskom has dismissed claims that SA faces a dire situation because of delays with the Medupi power station.

Pipeline to boost DRDGOLD resource

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Junior gold miner DRDGOLD says a pipeline and plant expansion project at its Ergo and Crown operations would up its potential resource.

DRDGold unveils R300m Ergo proposal

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DRDGold is to spend R300m gaining access to the Ergo mine dumps that will take total surface resources to 600 million tonnes.

Gold soars to record high

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Investors are taking stock of global economic prospects and seeking refuge in safe haven assets.

Strike starting to bite Northam Pt

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A strike by 8000 NUM-aligned workers at Northam Platinum was starting to hurt the platinum producer.

Absolute warns of one fifth losses

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Absolute Holdings, due to be renamed Bauba Platinum, said full-year headline losses could be as much as one fifth higher.

Ergo a winner for DRDGold

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The Ergo project is now delivering healthy profits for DRDGold with more to come as the fine-tuning is completed and it will also extend the lives of the Crown and City Deep treatment plants

Resgen secures offtake from coal mine

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Resource Generation took an important step forward in developing its Boikarabelo coal mine in the Waterberg after signing an offtake agreement.

Absa caught up in ‘hijack’ tangle

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Banking group Absa is the second blue-chip company to become caught up in the alleged hijacking of Kalahari Resources by Sandi Majali.

SA govt approves Rios, CoAL swap

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A farm swap between Rio Tinto, the UK miner, and Coal of Africa Ltd has been approved which CoAL boss John Wallington said would lead to larger project developments.