Eskom lifts wage offer to 5.25% but unions likely to reject...
ESKOM has raised its wage hike offer to unions to 5.25% from 4.5%, according to a document seen by Business Maverick.
The publication said today however...
Eskom to appoint new CEO “within the next month or so”...
ESKOM will appoint a new CEO to replace André de Ruyter who left in February within the next month, said BusinessLive citing Pravin Gordhan,...
What a UK domicile means for AngloGold Ashanti’s access to debt
ANGLOGOLD Ashanti left South Africa in 2020 when it sold Mponeng, the last mine in its local portfolio. Nonetheless, the announcement earlier this month...
TFR’s performance continues to deteriorate despite mining industry collaboration
THE performance of Transnet Freight Rail (TFR) has deteriorated this year despite efforts by the mining industry to nail down efficiency improvements.
The Minerals Council...
Glencore keeps mum on land claim in South Africa
GLENCORE said in its sustainability report published this week that it was defending a land claim in South Africa. But it declined to provide...
Andrada targeting an asset level investor to fasttrack lithium production
ANDRADA Mining CEO Anthony Viljoen said his company was shooting for an asset-level joint venture as it sought to fasttrack lithium production.
The AIM-listed firm...
Hummingbird shares get one fifth boost after firm hot commissions Guinea...
HUMMINGBIRD Resources has started hot commissioning of its Kouroussa gold mine in Guinea, the company said today. Shares in the company were 22% higher...
Investing in modernising Eskom fleet a “thankless task” for investors, says...
INVESTING in the modernisation of South Africa's ageing coal fired power stations would be "a thankless task", said Andrew Canter, chief investment officer of...
De Beers keen on SA expansion as Mantashe bemoans “holes” left...
DE Beers was exploring for more diamonds in South Africa that would extend its operations beyond the recently expanded Venetia mine in the country's...
Petra Diamonds withholds gem sales in fifth tender amid build in...
PETRA Diamonds withheld diamonds in the fifth auction of its financial year saying in an update today that offers didn't match its price expectations.
A...