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Eskom board not to be overhauled: Nene

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The government was increasing the size of Eskom's board and replacing its chairman, but was not overhauling it, said finance minister Nhlanhla Nene.

Palladium trades up on Ukraine crisis

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The threat of sanctions on Russia by the US and its allies sent the price of palladium higher with the metal trading near its 12-month peak.

BHP Billiton lifts Q4 iron ore to new record

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BHP Billiton lifted iron ore production to 47.7 million tonnes in the fourth quarter, a new record on the back of expanding production in Australia.

Kumvest in “opportunistic” VMR bid

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Village Main Reef was the subject of opportunistic interest from private investment grouping, Kumvest, said the firm's CEO, Ferdi Dippenaar.

ENRC founders aim bid at company

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Eurasian Natural Resources Corporation's founders, and the Kazakh government, are planning a buyout of the company valuing it at $4.7bn.

SA police to block abandoned gold shafts

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South African police are to block the entrance to abandoned shafts at Durban Deep mine west of Johannesburg in an effort to halt illegal mining

Zambia to spare mines worst of power cuts

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Zambia is to spare mining companies operating in its borders the worst of planned power rationing.

Nersa to make Eskom call end-July

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The National Electricity Regulator of South Africa would decide by end-July on Eskom's application to have tariffs increased.

Govt draft energy plan puts 2028 date on new coal-fired capacity

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THE first new baseload coal-fired energy in South Africa would only be commissioned by 2028, according to BusinessLive which cited the Department of Energy's...

Eskom asks staff for voluntary retrenchments

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Beleaguered power utility, Eskom, will reduce employment numbers through a series of voluntary retrenchments in order to lower costs.