Gwede Mantashe expresses concerns Optimum Coal business rescue is “corrupt”
THE process through which Optimum and Koornfontein coal mines is being sold may be corrupt, said mines and energy minister, Gwede Mantashe.
Asked by Miningmx...
Cash flush mining fails to woo investors who are deterred by...
DIVIDENDS have never been higher and growth capital at some $57bn last year represented the first increase in five years, but the world's mining sector...
Zambia High Court reserves judgement on KCM matter until June 11
THE Zambia High Court (Lusaka) reserved judgement to June 11 on whether to join Vedanta to winding-up proceedings of Konkola Copper Mines (KCM). The...
Mantashe renews defence of coal, urges investors to weigh CGS’s new...
SOUTH African mines minister, Gwede Mantashe, sought to broaden the debate about the prospects for the country's electricity utility, Eskom, to one regarding 'energy...
Kenmare gives nod to $106m plant move as part of one...
KENMARE Resources has given the long-expected approval to capital spend of some $106m for the relocation of its Wet Concentrator Plant (WCP) B - the...
Destination of South32’s SA thermal coal assets may turn on size...
EXXARO Resources is one of the companies thought to have been short-listed for South32’s South African coal assets – known as South African Energy Coal...
Acacia shareholder, Fidelity, declares Barrick minority takeout offer 50% too low
BARRICK Gold's attempts to bring a close to a two-year dispute with the Tanzanian government may be heading for failure, according to Reuters in...
Resgen thermal coal project Boikarabelo gets crucial jumpstart as second lender...
RESOURCE Generation (Resgen) was close to finalising the last major piece in the funding puzzle for Boikarabelo, a thermal coal mining project, after a...
Vedanta’s Venkat “hoping and praying” KCM dispute isn’t a repeat of...
SRINIVASAN Venkatakrishnan, CEO of Vedanta Resources, said he was "hoping and praying" that justice would prevail in Zambia where the company is fighting an...
Northam builds funding capacity with potential pref share repayment in sight
NORTHAM Platinum provided further evidence it may be preparing to buy-back preference shares it issued to its black economic empowerment partner, Zambezi Platinum in...