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Brian Molefe appointed acting CEO of Eskom

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Brian Molefe, CEO of Transnet, has been appointed acting CEO of Eskom, the state-owned power utility.

Prudent Wescoal investors take bid to heart

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Shareholders in Wescoal believe it's prudent to have their interests protected as the South African coal junior space could become lively in time.

Mwana makes progress on nickel, gold costs

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Mwana Africa said it had reined-in costs at its gold and nickel operations in Zimbabwe amid persistently difficult revenue conditions.

SA parliament mum on MPRDA limbo

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A third of the year has passed and yet the Mineral Resources & Petroleum Development Amendment bill has yet to be revisited by anyone in parliament.

Evraz Highveld slides into business rescue

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Attempts to stage an operational turnaround at the steelmaker fail as it announces it has run out of funds and will go into voluntary business rescue.

Amplats spin-off given short shrift

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The prospect of Amplats listing its non-core assets in a partial unbundling has been questioned by a UK analyst who said investors would be foolish to buy it.

Keaton lifts output despite Vaalkrantz coal theft

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Stock theft at the KwaZulu-Natal colliery resulted in the replacement of the operation's management team, but full-year output was nevertheless increased.

Gold Fields agrees 10%, 3-year wage lift

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Gold Fields is to pay an average 10% a year wage increase to 3,500 employees at its South Deep mine for three years.

Africa’s mining codes too fluid for comfort

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Mark Bristow, CEO of Randgold Resources, said the continent's mining codes often overlooked lessons from history.

WCC buys time as seeks ‘third party’ bail-out

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Standard Bank has agreed to maintain a A$35m loan to Waterberg Coal Company whilst it finalises a third party refinancing of the facility.