Home News Page 842

News

Vedanta says power curbs will cost jobs

0
Vedanta Resources said a power dispute with Zambian authorities at its Konkola Copper Mines may result in job losses.

Teba seeks frontline role in restitution

0
Weary of taking the backrow seats, Teba says it will now seize its opportunity in improving employee mining conditions, health and safety, and job placement.

Miranda on crash and burn trajectory

0
Miranda Minerals, the troubled coal development firm, was no longer able to meet its obligations and may need business rescue proceedings in order to survive.

Lonmin transfer pricing claims “misleading”

0
UK platinum producer, Lonmin, said an article alleging it sold metal to a Bermuda registered company to avoid meeting worker salaries is "misleading".

Coal ends sales with R250m Mooiplaats deal

0
Coal of Africa completed its portfolio adjustments selling the Mpumalanga thermal coal colliery Mooiplaats for R250m to private group, Blackspear.

SA sidesteps NDP with $10bn Russia nuclear deal

0
In a rebuff of the National Development Plan's warning on the expense of nuclear fuel, the government signs a R111bn deal with Russia for 9.6Gw of power.

Pallinghurst conjures R722m for Sedibelo

0
Pallinghurst Resources said the funds would be used to take platinum group metal production for Sedibelo to 400,000 ounces in about 18 months.

Zim’s Chinamasa turns to platinum royalty

0
Days after shaking hands with Russia on a $3bn platinum investment, Zimbabwe finance minister, Patrick Chinamasa, looks at lowering the royalty on the metal.

Lonmin to hand Incwala R484m by 2015

0
As it increasingly common in South African mining, Lonmin pays its BEE partner to keep the banks from the door.

Zim may offer unused platinum rights to Russia

0
Zimbabwe mines minister Walter Chidakwa said unused mineral rights by existing investors in the country would be handed to its newly acquired allies.