Kibo finalising power purchase agreement
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
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
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
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
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
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
Shares in mining companies looked cheap after they had declined this year further than metal prices.
Sibanye confirms Amplats negotiations
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
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
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.