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First Uranium gets key permit

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First Uranium Corporation shares are up on news that the key water use licence for the Mine Waste Solutions operation has finally been granted.

Remgro to unbundle investment in Trans Hex

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Investment group Remgro has approved the unbundling of its investment in diamond miner Trans Hex.

Eskom transmission unbundling debate rages

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Serious consideration is being given to the possibility of unbundling Eskom's transmission network and making it part of the future independent systems operator.

BSI Steel in R70M acquisition deal

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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

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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

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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

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Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.

Shareholders ditch Central African Gold

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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.

CoAL to raise R619m for growth, debt payments

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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.

African Eagle doubles Dutwa nickel resource

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African Eagle Resources Plc has more than doubled the size of the resource estimate at its Dutwa nickel project in Tanzania, the firm says.