GEM profit falls on lower Letseng output
UK-listed diamond producer, GEM Diamonds, produced lower first half profits as output fell at its Lesotho mine, Letseng.
AMCU members vote to strike at Implats
AMCU said its members had voted in favour of strike action over wages at Impala Platinum, but did not give details.
Tanzania may turn to fossil fuels amid drought
to hydropower as a result of a crippling drought is forcing Tanzania to consider sourcing energy supply from fossil fuels.
Lawyer calls for ‘industry-wide’ settlement
Richard Meeran, an attorney for Leigh Day, said the mining sector ought to come up with an industry-wide settlement for silicosis sufferers.
AngloGold faces “significant” changes in Ghana
Tito Mboweni, chairman of AngloGold Ashanti, said the gold producer faced a series of issues in trying to make its Obuasi gold mine in Ghana more efficient.
Trafigura to shut flagship hedge fund
Commodities trader, Trafigura, is to close its flagshp Galena Metals Fund owing to the continued slump in metal prices.
Kibo deal with SEPCO III unconditional
A joint development agreement between Johannesburg-listed Kibo Mining and China's SEPCO III has become unconditional.
Glencore to cut 340 jobs from SA coal ops
Glencore is to cut 240 jobs following a decision to shut its South Witbank coal mine while another 100 are at risk at the nearby Witcons coal processing plant.
Eskom warns of ‘tight system’ for two weeks
Eskom said power availability would be tight for a fortnight following maintenance to unit one at Koeberg, the power utility's nuclear facility.
Guinea completes review of BSG deal
The government of Guinea said it had completed a review into a permitting agreement with BSGG over one of the world's largest untapped iron ore deposits.