Off The Wires

ANC’s Duarte opposes Amplats mine sale

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The ANC said that Anglo American should not sell its platinum mines in Rustenburg owing to the risk of job losses and the effect on investor confidence.

Waterberg Coal appoints EPC contractor

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Firestone Energy said it had appointed a contractor to build a 22 million tonne per year coal handling and processing plant for its Waterberg project.

Palladium climbs to 13-year high

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The price of palladium climbed to a 13-year high on bets that its use by automakers will increase.

Namdeb seeking to sell own diamonds

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Namdeb, a joint venture between De Beers and the Namibian government, may seek to sell a portion of diamond production independently.

Forbes closes $25m convertible bond

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Forbes Coal has finalised a $25m convertible loan facility from shareholder Resource Capital Fund - a development that keeps the company liquid

Hwange to double coal production

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Hwange Coal Colleries, the Zimbabwean coal producer, would double monthly production to 300,000 tonnes once it had received new equipment.

CRG says 5.4m oz available after pumping

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Central Rand Gold estimated that dewatering of its Johannesburg mine had made some 5.4 million ounces of gold mineable again.

Eskom builds affected by NUMSA strike

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About 5,000 employees stayed away from construction of Eskom's new power station builds following a call to strike by NUMSA.

Resgen project delayed by up to six months

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Resource Generation's Boikarabelo coal project would be delayed by up to six months after contractor Protech Kuthele went into business rescue proceedings.

NUMSA emboldened by AMCU ‘success’

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NUMSA would be emboldened by the perception of success attached to AMCU following its five-month platinum sector strike.