Home Off The Wires

Off The Wires

AMCU playing ‘cat and mouse’

0
The Association of Mineworkers and Construction Union was playing 'cat and mouse' in a development that was helping gold producers weather the strike.

Load-shedding sweeps across SA gold sector

0
Eskom declared its fourth power emergency and instituted load-shedding across South Africa - the first time since the power crisis of 2008.

Friedland exits as Ivanhoe, Rio sign financing deal

0
Ivanhoe Mines says its founder and Chief Executive Robert Friedland has resigned as part of a financing deal with majority shareholder Rio Tinto.

Tharisa restarts at processing facilities

0
Tharisa said operations at the processing facilities at its Tharisa Mine had restarted following a fatal accident on November 5.

Caution greets Zambia royalty amendments

0
The mining sector was cautious in response to speculation Zambia would impose a flat 9% royalty and 30% corporate tax on underground and open cast mines.

Strikes cost SA R6bn in wages in 2014

0
Strikes cost South Africa R6bn in wages in 2014, lower than the previous year despite a record five-month strike in the mining sector.

Renewed calls for AngloGold spinoff

0
There have been renewed calls for the demerger of AngloGold Ashanti's South African assets following a heavy decline in its bonds.

Carroll “very good at M&A” Vedanta’s Argawal

0
Former Anglo American CEO, Cynthia Carroll, would bring a new perspective to Vedanta, said the Indian firm's chairman Anil Argawal.

TFR to shut coal line for 12 days in May

0
Transnet Freight Rail, a division of Transnet, said the Richards Bay coal line will shut for 12 days for annual maintenance and expansion development reasons.

Molefe appointed permanent CEO of Eskom

0
Brian Molefe has been made the permanent CEO of Eskom after serving in an acting capacity of the utility for several months.