Kuyasa plans $1.7bn, 600MW power plant
Junior miner, Kuyasa Mining, said it was part of a consortium bidding to build a $1.7bn, 600MW power plant supplied with coal from Kuyasa's Delmas coal mine.
Sallies posts diluted headline loss
Fluorspar miner Sallies reported a diluted headline loss per share of 8.7 cents for the year ended June 2010 after a headline profit per share of 2.3 cents a year ago.
GEM profit falls on lower Letseng output
UK-listed diamond producer, GEM Diamonds, produced lower first half profits as output fell at its Lesotho mine, Letseng.
Eskom board not to be overhauled: Nene
The government was increasing the size of Eskom's board and replacing its chairman, but was not overhauling it, said finance minister Nhlanhla Nene.
Glencore to cut capex, copper falls 3%
Glencore's industrial capital expenditure ceiling for 2015 is expected to be $6bn, down from $6.5-$6.8bn announced in February.
Gemfields exceeds best ever gems sales
Gemfields CEO, Ian Harebottle, said the company produced its best ever revenue figures with still four months to run of its financial year.
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.
Army seizes power in Burkina Faso
The army had seized power in Burkina Faso, the fifth largest producer of gold in sub-Saharan Africa.
“Eskom let us down very badly”: Motsepe
African Rainbow Minerals executive chairman, Patrice Motsepe, let rip at Eskom saying the power utility had let South African down "very badly".
AngloGold Ashanti raises $1.25bn in bond
AngloGold Ashanti said its corporate bond had been three times oversubscribed, enough for it to raise $1.25bn.