Ferrochrome price to reflect Eskom cost hike
Price increases from Eskom in April were likely to put upward pressure on the ferrochrome price, said International Ferro Metals CEO, Chris Jordaan.
Mining M&A falls to 10-year low
Merger and acquisition activity in the mining sector fell to its lowest level in 10 years last year as the entry of private sector money into the sector was slow.
Zim govt miner seeking $50m for gold mines
Zimbabwe wanted foreign investors to pump $50m into three gold mines owned by its government-run Zimbabwe Mining Development Corporation.
Oil tipped to drive commodity recovery
Commodities would eventually return 10% this year but price weakness would remain in place despite liquidations in copper and oil.
Eskom’s Thuthuka not out of the woods
Some 1,000MW were lost when two units at Thuthuka power station went down and there are fears the technical problems have not been fully resolved.
Gold theft moving to operating mines
Gold theft by gangs of illegal miners was shifting from abandoned premises to operating mines, said South African gold producers.
CoAL wins amended environmental licence
Coal of Africa takes a step towards regulatory approval for its Vele colliery winning the first of several amended environmental licences that it requires.
Diamond market ‘spooked: GEM’s Elphick
Clifford Elphick, CEO of GEM Diamonds, said the diamond market had been disturbed by the closure of a bank causing liquidity problems for manufacturers.
Botswana to export coal through SA
Botswana will export coal through South Africa and Mozambique whilst it waits for construction of the 1,500km Trans-Kalahari railway.
Zambia’s Lungu takes helm at tricky time
Edgar Lungu takes the helm in Zambia at a difficult time for the country owing to slow economic growth and poor copper prices.