Home News Page 973

News

Eskom reprises power buy-backs with Xstrata

0
The Xstrata-Merafe Chrome Venture has agreed to idle 25% of its production as Eskom seeks capacity to continue R35bn maintenance plan.

Rockwell to mothball Tirisano amid cash burn

0
Rockwell Diamonds said it was unable to stem losses at its Ventersdorp alluvial diamond mine, Tirisano, but added funding of its project pipeline remained intact.

Govts of China, SA unite in R5.3bn Palamin bid

0
The governments of China and South Africa have formed a consortium to bid a hefty premium for the 74% stake in Palabora owned by Anglo and Rio Tinto.

AngloGold investment grade upheld by S&P

0
AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.

The rollercoaster career of Neal Froneman

0
Neal Froneman, CEO-designate of Sibanye Gold, is back on top in a career where the quality of the highs are only matched by the depth of the troughs.

SA coal price spurt lowers RBCT stocks

0
South African coal export prices recovered as much as 17% in the last month which contributed towards higher offtake and a lowering in stocks at RBCT, data shows.

Implats rejects Zim delay tactics, amends deal

0
Implats says leaked papers are "an internal discussion" on indigenisation and that it has amended its proposal to vendor-finance the sale of Zimplats.

CoAL confirms split with Mapungubwe coalition

0
Coal of Africa confirms the Coalition, a grouping of environmentalists opposed to its mining at Vele Colliery in Limpopo province had withdrawn from an agreement.

Govt unveils ‘radical’ plan to reshape SA coal

0
More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.

SA strike tremors serve as ominous reminder

0
Atlatsa said the long-standing strike at its Bokono Mines had ended, but renewed strike ructions serves as reminder of the parlous state of mine labour relations.