SA finance minister describes level of Eskom power cuts as “inexplicable”
SOUTH African finance minister Enoch Godongwana described power cuts by the country's power utility Eskom of up to 10 hours a day as "inexplicable".
In...
Transnet back to square one after ripping up deal with Chinese...
TRANSNET has ripped up an agreement with a Chinese locomotive supplier after the firm - CRRC E-Loco Supply - refused to have its financial...
Minerals Council demanded Transnet’s Portia Derby resign before it agreed to...
SOUTH Africa's Minerals Council called for the resignation of Transnet's senior management prior to the two sides agreeing in December to a 'collaborative structure' in...
Miners expect year of tumult as recession, risk and consolidation change...
GOLD mining companies would turn increasingly to industry consolidation through merger and acquisitions this year, said Mark Bristow, CEO of Barrick Gold.
Speaking to Bloomberg...
‘Unprecedented’ rainfall dampens Tharisa first quarter chrome and PGM mine output
UNPRECEDENTED rainfall hampered production from Tharisa's platinum group metal (PGM) and chrome mine in the first quarter, the Johannesburg-listed group said in an update...
Amplats set to post lower 2022 dividend after technical glitches hurt...
ANGLO American Platinum (Amplats) is forecast to report a large increase in unsold refined metal - a development that would reduce its cash flow...
SA Govt’s energy crisis committee targets major cut in IPP redtape
THE South African government is hoping to radically cut wait times of up to 1,000 days for new independent power producer (IPP) projects, said...
Eskom to fall under control of Gwede Mantashe’s Department of Energy
SOUTH Africa's Department of Mineral Resources and Energy would take over responsibility for overseeing Eskom, the state electricity utility, said Bloomberg News citing comments...
Gold Fields’ shares expected to lag until management vacuum filled say...
SHARES in Gold Fields are forecast to underperform owing to management and strategic uncertainty following the shock resignation of CEO since April 2021, Chris...
SA coal consumption fell last year and is unlikely to recover...
SOUTH Africa's coal use dropped last year making it one of a handful of countries that used less of the fuel, according to BusinessLive.
Citing...