Zambia expects $1bn in China deals at summit
Zambia hoped to clinch $1bn worth of investment from China at this week's China-Africa summit in Johannesburg.
BCX lifts stake in Gold One to above 90%
The Chinese consortium in BCX Gold Investment has increased its shares in Gold One to above 90% triggering a mandatory offer to minority shareholders.
Duvha incident won’t lead to loadshedding
The over pressurisation of a boiler at Eskom's 3,600MW Duvha power station was unlikely to lead to renewed load shedding, the power utility said.
Demands “written in blood”: Mathunjwa
Joseph Mathunjwa, president of AMCU, said the union's demands for a R12,500 per month basic wage for members had been "written in blood" at Marikana.
Eskom disappointed with downgrade
Tsholofelo Molefe, financial director of Eskom, said she was disappointed with the credit rating applied by Moodys' as her company had made "great progress".
Private equity $8bn pool to revive sector
Some $8bn was available in private equity for merger and acquisition activity in the mining sector, and the time to spend it was fast approaching.
Rio’s Walsh says spending recognised
Rio Tinto CEO, Sam Walsh, says investors are recognising again the need for mining companies to spend for long-term development.
Niger to build nuclear as uranium prices fall
Niger said it was considering building a nuclear plant to treat its own uranium resources after prices for the fuel plummeted following the Fukushima disaster.
Aureus Mining pours first gold from mine
Aureus Mining poured its first gold mine from its New Liberty project in north-western Liberia.
“Grave allegations” leave no compromise in Sable bribery claim
UK-listed iron ore exploration and development company, Sable Mining, is at the centre of an bribery investigation that links it to illegal payments in...