RioZim seeking $1.2bn for 1,400MW plant
RioZim, a gold and diamond mining company, was hoping to sign power purchase agreements that would enable it to raise $1.2bn for a 1,400MW power plant.
Malema to agitate for higher mines salaries
Julius Malema's new political party, the Economic Freedom Fighters, would agitate for a basic mineworkers wage of R12,500, it has been reported.
HCC to launch rights issue to pay debt
Hwange Colliery Company said it was investigating a rights issue and private placement of its shares in order to convert government debt into equity.
Kumba to layoff 190 jobs at Sishen, Kolomela
Anglo American's Kumba Iron Ore is to retrench about 190 staff at its Kolomela and Sishen mines, said Solidarity.
Zambia party election illegal: Scott
Guy Scott, acting leader of the Patriotic Front, said the election of justice minister, Edgar Lungu as the party's presidential candidate was illegal.
Venkat buys R1.62m of AngloGold shares
Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti, spent R1.62m buying the company's shares in a move he said was "time to walk the talk".
Illegal mining cause of 10% of Gauteng murders
The scourge of illegal mining accounts for 10% of overall murders in South Africa's Gauteng province, the local government said.
DRC, China edges to $660m hydro plant
Chinese companies and the Democratic Republic of Congo are edging towards agreement that will see development of a $660m, 240MW hydropower plant.
Tanzania convicts former ministers over gold audit
Tanzania recorded the most high profile convictions yet in its anti-graft drive when the country's court sentenced two former minister to three years in jail.
NewPlat comprises 20% of ETF platinum
NewGold Platinum, launched on the JSE in April, now comprises 20% of all world platinum held in an exchange traded product.