Eskom to recoup R7.8bn on under-recoveries
The National Energy Regulator of South Africa said Eskom could recoup R7.8bn in under-recoveries for 2010 to 2013 period giving much needed relief to its balance sheet.
Zambia investment firm ZCCM urged to list
A private investment company in Zambia is being urged to list, preferably in London while private investors also want their representative elected to the board.
Third Chinese suitor joins race for CRG
A third company - a Chinese firm called Shengbang Jiabo - has joined the bidding for Central Rand Gold with others also expressing an interest.
Petmin to continue share buy-back
Petmin said it would continue to buy-back shares in its 2016 financial year as the firm's management believed the share was under-valued.
Resgen $400m finance talks plod on
Resource Generation said a proposed financing structure, currently under negotiation with a club of financiers, would remove the need to issue equity.
Amplats won’t sell mines on the cheap
Anglo American Platinum told unions last week that it wouldn't sell its non-core assets if they did not meet the group's price targets.
Govt to establish precious metals committee
The South African government is to establish a high profile committee aimed at calming tensions ahead of wage negotiations in the platinum and gold sectors.
Sibanye’s mine restarts after union pact
Sibanye Gold said it would conduct an investigation into violence on its Beatrix mine which lost about R23m in revenue following a two-day shut-down.
Sable in MoU with CITIC for Lubu coal project
Sable Mining has signed a memorandum of understanding with China's CITIC with a view to building a 600MW coal-fired power station in Zimbabwe.
Mathunjwa disputes CoM’s membership data
AMCU's membership was closer to 40,000 in the gold and coal sector, said the union's president, Joseph Mathunjwa.