Eskom tariff hike “a disaster’ for mining, says Minerals Council South...
A QUARTER of South Africa's mining jobs would be lost because of the additional costs coming from increased electricity tariffs over the next three...
Kibo won’t abandon Mbeya project despite Tanzania’s shocker rejection of tender
SHARES in Kibo Energy stayed near all-time lows today despite a shareholder letter seeking to calm nerves following the rejection on February 14 of...
Lurco, AEMFC ready to restore Optimum Coal, but “tough decisions” in...
ELLINGTON Nxumalo acknowledges there was “a lot of leprosy” ahead of the company taking on the contracting for Optimum Coal Mine, the Mpumalanga thermal...
CEF to foot bill for AEMFC’s bail out of Optimum Coal...
THE South African government’s Central Energy Fund (CEF), which is housed in the Department of Energy (DoE), would fund the African Exploration & Mining Finance...
Kibo closing coal supply agreements with regional producers for Benga
COAL purchase agreements with potential suppliers to the Benga Power Plant Project in Mozambique were progressing, said Kibo Energy, the company which is driving the...
Exxaro to cut 750 contractor jobs after Group 5 goes into...
ABOUT 750 contract employees would be affected after Exxaro Resources terminated its agreements with Group Five Construction which announced earlier this month it was to...
Manganese, aluminium keep South32 anchored in SA as energy coal sale...
ONE of the biggest events in South Africa’s coal mining sector this year is the sale of South32’s South African Energy Coal (SAEC), a...
Glencore suspends production at Mopani in Zambia after accident leaves two...
GLENCORE suspended production at its Mopani Copper Mines (MCM) in Zambia on March 19 after two workers were killed in an accident, said Reuters.
“All...
AEMFC failed to win Govt. support for Optimum bid – report
A BID by the state-owned African Exploration & Mining Finance Company (AEMFC) to take control of Optimum Coal Mines in consortium with a private...
Eskom running viability exercise on Medupi, Kusile as SA faces more...
ROLLING blackouts are to become a permanent feature of South Africa’s business landscape for up to two weeks as the country’s power utility, Eskom, attempts...