Home Off The Wires

Off The Wires

Kibo finalising power purchase agreement

0
Kibo Mining said it had finalised the terms of reference for its power purchase and a grid connection agreements with the Tanzanian government.

DiamondCorp maiden sale due in October

0
DiamondCorp said its first diamond sale was scheduled for October when underground development would yield diamonds representative of the Lace mine.

Platinum market too small to be reserve asset

0
The platinum market was too small to support the metal's use as a reserve asset, said an analyst.

SA govt to raise $870m for Eskom

0
The South African government could provide Eskom with $870m in funding by June but the National Treasury is not yet sharing the details.

SA mining sector in trouble, says Patel

0
South Africa's minnig sector was "in trouble" amid job losses and lower commodity prices, said economic development minister, Ebrahim Patel.

CoAL allowed to change R1.29bn Universal bid

0
Coal of Africa said it was granted permission by the Australian listing authorities to vary the conditions of its R1.29bn bid for Universal Coal.

Mining shares looking cheap

0
Shares in mining companies looked cheap after they had declined this year further than metal prices.

Sibanye confirms Amplats negotiations

0
Sibanye Gold confirmed it was in negotiations with Anglo American Platinum regarding the potential acquisition of the platinum firm's Rustenburg operations.

Anglo to cut up to 20% of staff, says report

0
Anglo American could cut up to 20% of its staff at offices throughout its regions globally, according to unnamed sources.

Africa growth to reach 4.5% this year

0
Africa's economic growth was expected to increase to 4.5% from 4.2% last year owing to oil and mining projects, according to a report by the African Development Bank.