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.
Marange diamonds to go on sale in Antwerp
Diamonds mined from Zimbabwe's Marange fields will be sold in Antwerp in December of January amid claims revenue from the sales finance president Robert Mugabe.
RBPlat full-year earnings up to 42% higher
Royal Bafokeng Platinum would post up to 42% higher earnings for its 2014 financial year owing to rand weakness which lifted revenue.
Glencore ‘pleased’ with Optimum transaction
Glencore declared itself satisfied with the terms of the sale of Optimum Coal, in which it has a controlling stake, to Tegeta Exploration and Resources.
Cobalt mined by children may be in phones
Cobalt used in batteries for phones, laptops and electric vehicles might be from mines in the Democratic Republic of Congo that use child labour.
Numsa explusion “a disaster”: Vavi
The expulsion of Numsa from Cosatu has been described as "a disaster" by Zwelinzima Vavi, secretary-general of Cosatu.
De Beers hopes to explore in Angola
De Beers said it had applied for an exploration concession in Angola and hoped to also start exploration in India.
Holomisa lays into mining houses
United Democratic Movement (UDM) leader, Bantu Holomisa, said it was not right that mineworkers still died poor while thousands suffer from incurable disease.
Colliery will pollute Vaal River water
A proposal to develop a coal colliery on the banks of South Africa's Vaal River has been criticised by Rand Water.
Chinese mull $14bn Guinea bauxite project
Chinese company Shandong Xinfa Aluminium & Electricity Group is considering investing $14bn in a bauxite project located in Guinea.