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Oliphant calls for expeditious wage talks

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Mildred Oliphant, labour minister, has called for speedy resolution to the country's wage talks saying the economy could not afford prolonged strike action.

Kibo Tanzania coal project improves margin

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The net present value of Kibo Mining's Mbeya Coal to Power Project had improved to $244m following completion of a pre-feasibility study into the project.

Zimbabwe calls on miners to cut power 25%

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Zimbabwe as asked mining companies to cut power consumption a quarter amid a water shortage that is resulting in less production from its hydroelectric facilities.

Water, mine licence process applauded

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A process by which environmental aspects of mining and prospecting have been shifted from the MPRDA to NEMA have been applauded in parliament today.

Strong rand hits Optimum Coal

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A weaker export coal price and a stronger rand have put Optimum Coal's earnings under pressure.

Guptas deny coal to Eskom failed quality tests

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The Gupta family has denied it coal it supplied to South African power utility, Eskom, had failed four quality tests as reported by the Sunday Times.

Value investor sticking by mining stocks

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The decline in mining stocks in Johannesburg was creating opportunities for value investors, said RE:CM, an asset management company.

Transnet issues R3.3bn in bonds

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Transnet has issued local bonds totalling R3.3bn in a move that the company says is proof the company's strategy is well supported.

Zwane advisor in business with Guptas

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The extent of business links between critical departments in South African president Jacob Zuma's administration and the Gupta family deepened.

SA gold shares hammered on Fed fears

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South African gold shares were hammered on Thursday as the Federal Reserve’s confidence in the US economic outlook diminished the metal’s appeal as a haven.