Botswana to award Morupule power contract
Botswana will this week award the contract to build a 300MW coal-fired power plant that could make the country an exporter of electricity by 2018.
Amplats’ Rustenburg mines not core
The Rustenburg mines of Anglo American Platinum could no longer be considered core to the group owing to their high cost, said Anglo American CEO, Mark Cutifani.
Lonmin should have licence suspended
Lonmin should have its mining contract suspended as it had breached the conditions of the right, the Bench Marks Foundation's Bishop Jo Seoka has said.
RBPlat cuts Shaft Sinkers Styldrift contract
Royal Bafokeng Platinum has cut its contract with Shaft Sinkers on the Styldrift 1 project after the services firm's CEO and CFO left the company.
Zambia approves price linked copper royalties
Zambia has approved a new royalty system that changes with the copper price in an effort to keep struggling mines open and limit job losses.
Kenmare to cut up to 20% of Moma staff
Recent cost cutting efforts were insufficient to head off lower mineral prices said Kenmare Resources which is to cut staff at its Moma facility by up to 20%.
Sentula to raise R106m through rights issue
Earth-moving and exploration drilling company, Sentula, is to tap shareholders for R106m in funds through a rights issue.
First Quantum to lay off 1,480 at Zambia copper
First Quantum Minerals is to retrench 1,480 workers at one of its Zambia copper projects following a reduction in its power supply curbed production.
IMF advises Zambia replace tax system
The International Monetary Fund has applauded Zambia's decision to review its tax system but said it should avoid replacing it with mine-by-mine agreements.
Lonmin fails to strike deal with Amcu
Lonmin said it had failed to reach a deal with AMCU on a recognition agreement and as no talks were scheduled for today, the way is paved for strike action.