Off The Wires

Shanduka, Pembani deal still on?

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Cyril Ramaphosa sold his shares in Shanduka to a non-profit trust and the firm itself rather than Pembani Group as proposed in May.

Pembani offers combination with Shanduka

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Shanduka said it had received an offer from Pembani that it combine its interests with those of Shanduka shareholders creating an R11bn diversified group.

Employee dies at AngloGold’s Mponeng

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An employee at AngloGold Ashanti's Mponeng mine lost his life on November 25 following a fall of ground, the company said.

Zambia power surplus being diminished

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Mining expansions would eat into Zambia's power surplus next year, said the state-owned utility, Zesco.

Eskom asks staff for voluntary retrenchments

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Beleaguered power utility, Eskom, will reduce employment numbers through a series of voluntary retrenchments in order to lower costs.

Namibia’s Kudu gas project to proceed

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The 885MW Kudu gas-to-power project in Namibia would proceed despite opposition from a lobby group and the withdrawal of partner, Tullow Oil.

Ivanhoe condemns Platfeef demonstration

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Ivanhoe Mining said 100 protesters at its Platreef project included 'known trouble-makers' and that local communities supported the enterprise.

Glencore, Rio deal will happen, eventually

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Ian Hannam, a former banker with JP Morgan, told funds in London this month that Glencore would eventuallly get its merger with Rio Tinto.

Platinum lifts SA economy 1.4% in Q3

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The return to production of South Africa's platinum mines helped the country to economic growth of 1.4% in the third quarter.

Tshipi weighs bid for BHP’s Hotazel

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Saki Macozoma, non-executive chairman of Tshipi e Ntle Manganese Mining, was interested in bidding for BHP Billiton's Hotazel mine which neighbours it.