CEF to foot bill for AEMFC’s bail out of Optimum Coal...
THE South African government’s Central Energy Fund (CEF), which is housed in the Department of Energy (DoE), would fund the African Exploration & Mining Finance...
Kibo closing coal supply agreements with regional producers for Benga
COAL purchase agreements with potential suppliers to the Benga Power Plant Project in Mozambique were progressing, said Kibo Energy, the company which is driving the...
Former AngloGold manager reunites with Vedanta’s Venkatakrishnan to head Zambia unit
VEDANTA has employed Chris Sheppard who was recently head of AngloGold Ashanti’s South African operations until his recent resignation. Sheppard will be head of Vedanta’s...
Over-done palladium price expected to weaken before year-end, say analysts
THE price of palladium is expected to weaken before the end of the year, said Bloomberg News citing the views of nine analysts it surveyed.
The...
Sedibelo ‘loss’, Zambia export duties drag Gemfields into red by hefty...
A RAFT of exceptional items, including a $47.6m fair value loss attached to its held-for sale asset, Sedibelo Platinum Mines, is expected to take...
Exxaro to cut 750 contractor jobs after Group 5 goes into...
ABOUT 750 contract employees would be affected after Exxaro Resources terminated its agreements with Group Five Construction which announced earlier this month it was to...
Manganese, aluminium keep South32 anchored in SA as energy coal sale...
ONE of the biggest events in South Africa’s coal mining sector this year is the sale of South32’s South African Energy Coal (SAEC), a...
Petra resists shareholder calls to replace chairman, Adonis Pouroulis
PETRA Diamonds has thrown its weight behind long-standing non-executive chairman, Adonis Pouroulis, who was on the wrong end of a vote in its annual...
Sibanye-Stillwater to proceed with union count in bid to end AMCU...
THE way has been cleared for Sibanye-Stillwater to conduct a count of union membership at its gold mines in an effort to bring the...
Caledonia Mining forecasts slower-than-anticipated ramp-up for Blanket
THE ramp up of Caledonia Mining’s Blanket extension project would be slower than previously anticipated owing to “certain economic factors” which resulted in less...