IDC’s Qhena calls it a day after 13 years as CEO...
GEOFFREY Qhena has resigned as CEO of the Industrial Development Corporation (IDC), said BusinessLive citing a company announcement on August 31. Qhena was at the...
Ghana determined to diversify into production of industrial metals
ONE of Africa’s mining powerhouses, Ghana, said its objectives to bring about more sustainable extraction of its mineral wealth is starting to deliver, but...
West Wits Mining upbeat on prospects for Witwatersrand Basin Project
THE Witwatersrand Basin Project (WBP) was generating free cash flow which would be channelled into developing the prospect, said the company behind the gold...
MC Mining says balance of R179.9m Mooiplaats deal to be paid
PAYMENT of the balance due following the R179.9m acquisition of MC Mining's (MCM's) Mooiplaats colliery in Mpumalanga province has begun as per the agreement...
Eskom agrees wage deal with unions ending weeks of impasse
ESKOM said it had reached a three-year agreement with unions including the National Union of Mineworkers (NUM) in which members would receive annual wage...
Base Resources registers “outstanding year”, hammers debt $65.3m
MINERAL sands producer and developer, Base Resources, posted a net profit after tax of $34m for the 2018 financial year representing an 114% year-on-year...
Liberia to pass long-awaited land rights legislation
LIBERIA is to pass land rights legislation that would prevent foreign companies uprooting communities to make way for mining and logging, said Reuters which...
Menar enters into joint venture for former Rio anthracite mine
UNLISTED coal producer, Menar Holdings, is to joint venture the development of the Riversdale Anthracite Colliery (RAC) situated near Vryheid in KwaZulu-Natal province with...
SA nearing “point of no return”, warns Sibanye-Stillwater’s Froneman
SOUTH Africa would reach "a point of no return" if the government enacted damaging populist policies that destroyed hope of restoring investor confidence, said...
NUM says Eskom plan to reduce staff 7,000 based on outdated...
SOUTH Africa's National Union of Mineworkers (NUM) expressed its anger following a decision by Eskom, the country's power utility, to reduce its workforce by...