MC Mining lifts Uitkomst June quarter production, but sales frustrated by...
JUNE quarter metallurgical and thermal coal production from Uitkomst increased to 121,742 tons from the previous quarter's 113,190 tons after implementing revised mining cycles,...
Govt finally kicks Eskom restructure into motion as firm warns of...
THE South African government is taking steps to bring about fundamental change in power utility Eskom, including setting up a chief restructuring office and...
Gordhan labels 17% coal cost hike “extraordinary” as he prepares for...
THE risk of Eskom load-shedding will rise at the end of August as the onset of warmer weather would affect generation plant performance, said Eskom...
Petra arrests share price freefall telling investors its finger is on...
AN announcement by Petra Diamonds pointing investors to its liquidity, the conservative assumptions on which a two-year strategy of debt reduction was based, and...
Mabuza appointment at Eskom evidence Govt. remains “flat-footed” on way forward
"INVESTORS and business" disapproved of the interim appointment of Jabu Mabuza as CEO of Eskom, South Africa's power utility, said BusinessLive.
They viewed the appointment...
De Beers’ sales fall precipitously as group takes steps to ease...
DIAMOND sales in the sixth sales cycle fell precipitously year-on-year for Anglo American's 85%-owned De Beers as inventories in the 'mid-stream' - among polishers...
Zambia judge reserves judgement on stay of KCM winding up application
JUSTICE Banda-Bobo of the Lusaka High Court in Zambia reserved judgement regarding an application by Vedanta to impose a stay on the proposed winding...
Jabu Mabuza takes on daily Eskom grind as utility’s debt woes...
JABULANE Mabuza, Eskom chairman since the beginning of 2018, will add the daily grind of running the South African power utility to his worries...
Eskom needs more support from South African coal miners – Bayoglu
CANYON Coal executive chairman, Vuslat Bayoglu made the case for improved relations between South Africa’s coal producers and Eskom, the debt-laden power utility.
Previously a...
Agarwal makes paltry profit on Anglo adventure, but market cheers Vedanta...
ANIL Agarwal made a 6% profit from his £3.5bn investment in Anglo American, said Reuters adding that the return was paltry given that the...