Home Off The Wires

Off The Wires

SA electricity demand to hot up

0
Electricity demand is expected to increase in South Africa as the winter approaches but is unlikely to cripple the country's mining sector.

Zambia’s Lungu to change royalty law

0
Zambia president, Edgar Lungu, has asked his minister to come up with a range of options instead of continuing with a newly passed royalty tax on mines.

ArcelorMittal SA CFO resigns

0
Matthias Wellhausen has resigned as CFO of ArcelorMittal South Africa effective from March 15, the company said.

Zuma’s health questioned by social media

0
Observers of President Jacob Zuma's State of the Nation Address said he looked "drawn and "thin" in his first public appearance since convalescing in hospital.

Wellesley-Wood to chair Mwana Africa

0
Former DRDGold CEO, Mark Wellesley-Wood, returns to the African mining scene as non-executive chairman of Mwana Africa.

Rio’s Walsh says spending recognised

0
Rio Tinto CEO, Sam Walsh, says investors are recognising again the need for mining companies to spend for long-term development.

AEMFC could alleviate Eskom coal woes

0
Coal production from South Africa's state-owned mining company could help lower the risk of more load-shedding by electricity utility, Eskom, a government official said.

Aureus Mining pours first gold from mine

0
Aureus Mining poured its first gold mine from its New Liberty project in north-western Liberia.

Exxaro interim earnings to be fifth lower

0
Interim headline earnings for Exxaro Resources ended June 30 would be about 20% lower year-on-year owing to a lower contribution from iron ore.

Sasol ups earnings 25% despite write-down

0
South African petrochemical group Sasol lifted earnings a quarter despite booking a hefty R5.6bn write-down on its wax and polymer operations.