Off The Wires

SA mine deaths fall to 73 in 2016 after “government crackdown”

MINERS killed in South Africa during 2016 fell to a record low of 73 from the previous record of 77 in 2015, said Reuters...

EFF throws weight behind Eskom in Exxaro BEE row

THE Economic Freedom Fighters (EFF) has thrown its political weight behind Eskom saying that coal supplier, Exxaro Resources, should be black-controlled before supplying coal...

Eskom’s Koko dubs Exxaro 30% BEE restructure an “insult”

ESKOM'S Matshela Koko described Exxaro Resources' new black economic empowerment (BEE) structure an "insult", according to BusinessLive which cited a comment made on Twitter...

Govt draft energy plan puts 2028 date on new coal-fired capacity

THE first new baseload coal-fired energy in South Africa would only be commissioned by 2028, according to BusinessLive which cited the Department of Energy's...

Tegeta said it paid Barloworld for overdue Optimum Coal bill

TEGETA Exploration, a subsidiary of the Gupta family's Oakbay Investments, said it expected industrial group Barloworld to withdraw a court application for the liquidation...

CoM and DMR target out of court charter settlement

THE Chamber of Mines and the Department of Mineral Resources (DMR) are negotiating the issue of 'once empowered, always empowered' in an attempt to...

Wiese backed consortium to take “lumpy” Trans Hex private

THE consortium that has seized control of Trans Hex plans to take the company private because its earnings are "too lumpy", said BDLive citing...

NUM to reject sale of ‘miners’ bank’ to Gupta company

THE National Union of Mineworkers (NUM) said it would oppose an offer to sell its 50% stake in Ubank to Oakbay Investments, a company...

Gold Fields eyes AngloGold Ashanti’s Iduapriem mine

GOLD Fields may buy AngloGold Ashanti's Iduapriem mine in Ghana, according to a report by Bloomberg News which cited the views of Alfred Baku,...

“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...