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Africa exploration losing lustre as corruption rife

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It makes for sober reading: The Fraser Institutes Policy Potential Index finds that exploration in Africa is less appealing than in the past while corruption is rife.

Amcu refuses to discuss centralised bargaining

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The Associated Mineworkers & Construction Union (Amcu) refuses to negotiate on a central bargaining forum - a development that could herald a new wave of protest.

Xstrata’s Davis may start mining fund

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Mick Davis may join forces with his CFO at Xstrata in establishing a mining fund buying assets deemed non-core to the diversified mining houses, it was reported.

ZAC BEE fallout played out in parliament

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A fallout regarding the integrity of Rio Tinto's empowerment deal at Zululand Anthracite Colliery reaches parliament and may imperil offer by Forbes Coal.

Pressure on Eskom as mines down shovels

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Workers at Matla and Arnot went on strike placing further pressure on Eskom which has a mere 2% reserve capacity.

Govt monitoring Medupi weld problems

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South Africa's public enterprises department said it was monitoring defective welds at the 4,800MW Medupi installation amid fears it could miss its December deadline.

Govt to put R5.3bn coal rail line into motion

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Coal transport reticulation will get a much needed boost in Mpumalanga province after government said it was ready to proceed with a 14Mt to 21Mtpa development.

Exxaro to face Eskom as Medupi woes mount

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Problems completing Eskom's Medupi power station are beginning to weigh heavily on Exxaro Resources which now faces a force majeure declared by the utility.

Merafe expects ferrochrome prices to rise

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Merafe Resources said ferrochrome prices would rise in the current financial year owing to supply cuts.

Zimplats stands firm despite policy chaos

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Platinum mining in Zimbabwe has been thrown into disarray once again but the CEO of Impala Platinum's unit there says there are no plans to quit the country.