Zambia power demand to double
Demand for electricity in Zambia is forecast to double in the next five years owing to copper mine expansions.
CoM ‘apprehensive’ as strike threat builds
Elize Strydom, chief negotiator at the Chamber of Mines of SA, declared herself apprehensive owing to possible strike action at the country's platinum mines.
Zim to issue $65m bonds for power lift
The Infrastructure and Development Bank of Zimbabwe is to issue bonds worth $65m to buy prepaid meters, and increase power generation in Zimbabwe.
Forbes Coal to refinance bond, debt
Forbes Coal is to refinance debt with Resource Capital Fund, its shareholder, and Investec Bank handing the bank warrants that convert into shares.
Constable to quit Sasol CEO job in 2016
David Constable will step down as Sasol CEO at the end of the firm's 2016 financial year but will stay for another year in a special advisory role.
Anglo facing credit downgrade
Anglo American was facing a downgrade of its credit rating following the 16% decline in copper last month and news it would impair assets.
Zambia’s largets union agrees 12% hike
A wage agreement with the Mineworkers Union of Zambia, the country's largest, would set the tone for other wage deals.
Ivanhoe says most communities consulted
Ivanhoe Mines said the majority of communities involved in an empowerment deal for its Platreef mine were consulted about the deal.
Rio Tinto invests US$1.6bn in Aussie iron ore
Resources giant Rio Tinto approved a US$1.6bn investment to develop the Hope Downs 4 iron ore project in Western Australia and link with Rio Tinto's existing rail, power and port infrastructure in the Pilbara.
Mugabe ‘youthful as boy of nine’
Robert Mugabe spoke of his good health in a speech to followers at his 90th birthday celebrations on February 23.