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Creditors, unions influenced BRPs to reopen bidding for Optimum Coal Mines

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THE business rescue practitioner for Optimum Coal Mines said he had decided to reopen bidding to take the mines out of business rescue after...

Minerals Council joins calls for Eskom restructure amid looming catastrophe of...

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THE Minerals Council is expected to tell the National Energy Regulator of South Africa (Nersa) on Friday that Eskom's proposed 15% electricity tariff hike...

Vedanta has no plans to cut jobs at Zambia’s Konkola Copper...

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VEDANTA had no plans to cut jobs following fiscal changes in Zambia, said Bloomberg News citing the acting CEO of Konkola Copper Mines, Venkatesan Giridhar. "There...

AngloGold suspends exploration in Colombian town after town issues ban

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ANGLOGOLD Ashanti has stopped a soil study at a exploration site in Colombia after the nearby town's major issued a suspension order, said Reuters...

Tharisa wins A2X listing approval in effort to broaden shareholder base

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THE listing of Tharisa's shares on A2X exchange in South Africa had been approved with effect from February 6, the company said today in...

Business Unity’s Pityana warns rise of populism will reverse democratic process...

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THE rise of populism in South Africa which was a consequence of citizens having run out of patience with politicians and business could reverse...

Gemfields heads off expensive legal fracas with Montepuez community in £5.8m...

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GEMFIELDS chose practicality over a potentially expensive legal process in a "no admission of liability" settlement with attorneys representing community members residing near its...

Kore Potash puts R28.7bn capital cost on Kola project following feasibility...

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KORE Potash has unveiled the terms of a definitive feasibility study of its Kola project situated in the Republic of Congo (RoC) in which...

De Beers posts heavily lower diamond sales in first tender of...

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DIAMOND sales by De Beers in its first sales cycle of 2019 was heavily down on the same month in the previous financial year,...

Lucara says 240 carat recovery at Karowe demonstrates consistency of orebody

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LUCARA Diamond Corporation said it had recovered a 240 carat top white gem from its Karowe mine in Botswana, taking to 54 the number...