Eskom in cheery ‘maintenance festival’ pledge
In his first address as acting Eskom CEO, Brian Molefe offered the dubious news of a "maintenance festival" this week in preparation for winter demand pressure.
Rio’s Murowa cut output 61% to avoid tax
Output at Rio Tinto's Murowa diamond mine was 61% in the first quarter in an effort to minimise the impact of a beneficiation tax that will not be applied.
Kibo leaps 33% … now comes the difficult bit
Kibo Mining signed a development agreement for an ambitious coal-fired energy project in Tanzania. The capital required to build it, however, is immense.
TFR’s Gama to cover for ‘seconded’ Molefe
Siyabonga Gama, Transnet Freight Rail boss, is made acting CEO of Transnet while incumbent, Brian Molefe, works in "secondment" at Eskom.
Tribunal gives nod to Sibanye Cooke 4 restructure
South Africa's Competition Tribunal approves the restructure of Cooke 4 by Sibanye Gold which said it could now derive a R50m profit from the asset.
SA gold miners wrestle with housing targets
South African gold miners spent R1.5bn improving living conditions for employees but it's not enough for the government which believes the sector has failed.
Gold miners in re-think as investors bristle
Lawsuits brought by shareholders against gold companies is one manifestation of the need for the world's miners of the metal to restructure.
Brian Molefe appointed acting CEO of Eskom
Brian Molefe, CEO of Transnet, has been appointed acting CEO of Eskom, the state-owned power utility.
Mwana makes progress on nickel, gold costs
Mwana Africa said it had reined-in costs at its gold and nickel operations in Zimbabwe amid persistently difficult revenue conditions.
Prudent Wescoal investors take bid to heart
Shareholders in Wescoal believe it's prudent to have their interests protected as the South African coal junior space could become lively in time.