Kariba dam being exhausted by Zambia, Zim
Zambia and Zimbabwe drew more water from the Kariba dam than requested by the Zambezi River Authority draining it to 29% of its capacity by September.
Third Chinese suitor joins race for CRG
A third company - a Chinese firm called Shengbang Jiabo - has joined the bidding for Central Rand Gold with others also expressing an interest.
Copper could stunt Glencore fight-back
Further weakness in the copper price might stunt the ability of Glencore to mount a fightback after its shares fell to record lows this year.
CoAL of Africa posts basic loss per share
Coal of Africa reported a basic loss per share of 22.2 US cents for the year ended June 2010 from a loss of 3.55 cents a year ago.
Kibo Tanzania coal project improves margin
The net present value of Kibo Mining's Mbeya Coal to Power Project had improved to $244m following completion of a pre-feasibility study into the project.
Kgadima PetroSA appointment rescinded
The appointment of Tshepo Kgadima as chairman of PetroSA has been rescinded following controversy about his coal mining dealings.
Merafe full-year earnings up to 26% lower
Merafe Resources said depreciation charges, increased borrowing costs, and restructuring would lead to annual earnings lower by 19% and 26%.
Blyvoor “in ICU”, says Goldrich’s Ngubane
Goldrich Holdings chairman, Thulani Ngubane, said his company needed more time before returning Blyvoor to profitability.
Concourt to rule on mining right appeals
The Constitutional Court will today hand down judgement regarding appeals by the DMR and ICT over prospecting rights at Sishen Iron Ore Company.
Miners under the whip as BHP writes-down $7.2bn
Diversified mining shares fell under the whip reversing many of this week's gains after BHP Billiton wrote down its US shale assets by $7.2bn.