Off The Wires

SA facing “difficult choices”: Pravin Gordhan

0
South Africa faced difficult choices amid a slide in commodity prices and risk aversion to emerging markets, said finance minister Pravin Gordhan.

NUM to fight 700 job cuts at Dilokong

0
South Africa's National Union of Mineworkers is to fight plans by Dilokong Chrome Mine to cut up to 700 jobs.

South32 may bid for Anglo non-core assets

0
Anglo American may lodge a bid for the niobium and phosphates assets that Anglo American wants to sell.

CoAL wins water licence extension for Vele

0
Coal of Africa moved a step closer to making a decision on whether to restart its Vele Coal Colliery in South Africa's Limpopo province.

Goldcorp looks to expand into Africa

0
David Garofalo, in-coming CEO of Goldcorp, the world's largest gold company by market value, said it would consider expanding into Africa and Europe.

Diamond prices unlikely to firm in short-term

0
Diamond prices would not be firmer during the Chinese new year in February following a firm but unspectacular Christmas period.

CoAL $5m share purchase by Haohua “incompete”

0
Discussions leading to a possible $5m share subscription by Haohua Energy International in Coal of Africa were "incomplete", the coal producer said.

Kibo finalising MoU for Mbeya with Tanesco

0
Kibo Mining said it was finalising a memorandum of understanding with Tanzania Electric Supply Company on a power purchase agreement.

Zuma wants more blacks in the boardrooms

0
South Africa's private sector ought to do more to promote blacks to top leadership positions, said President Jacob Zuma.

SA gold shares take breather after gains

0
Shares in South African gold companies ended several days of gains as investors with long positions in gold took profits.