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Gold wage talks to restart July 6

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Wage negotiations between gold producers and employer unions would resume on July 6 for another three-day installment.

Vele’s development costs soar

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Coal of Africa says the cost of developing its Vele Colliery in Limpopo had increased by 27%, due to delays caused by the suspension of development at the mine.

Aquarius, Implats mull second Mimosa shaft

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Aquarius Platinum and Impala Platinum were considering plans to sink a second shaft at their Mimosa Platinum Mine in Zimbabwe.

Sasol to monetize Mozambique gas

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Sasol said it was seeking ways to monetise Mozambique's oil and gas resources rather than seeing all the southern African country's resources exported to Asia.

Zim miners to resist 42% power cost hike

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Zimbabwe's Chamber of Mines has resisted a proposed 42% increase in electricity tariffs by Zimbabwe Electricity Transmission and Distribution Company.

Anglo shakes up senior management ranks

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Anglo American announced a shake-up of its senior management ranks with Peter Whitcutt heading up the group's group marketing business.

Strike at Anglo’s Kleinkopje into its third day

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Production of export-dedicated coal from Anglo American's Kleinkopje mine entered its third day, the group said.

Renewed calls for AngloGold spinoff

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There have been renewed calls for the demerger of AngloGold Ashanti's South African assets following a heavy decline in its bonds.

Eskom chose poorly: Chamber of Commerce

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The Cape Chamber of Commerce and Industry said Eskom should not blame contractors when it was the utility's decision-making that led to Medupi overruns.

Eskom not running out of cash: Molefe

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South African power utility, Eskom, was not running out of cash but it had to be prudent on expenditure including the R2bn it spent a month on diesel.