Zambia coal-fired plant delayed to 2015
Zambia's first coal-fired power plant in years has been delayed owing to a failure to
win environmental permits on time.
State-owned miner to be hived off
The African Exploration & Mining Finance Corporation, the state-owned miner, is to
be split from the Central Energy Fund of which it is a subsidiary in preparation for a
more profound role in government's minerals strategy.
Firestone to review R300m Tata Power offer
Tata Power has proposed taking a 30% stake worth R300m in Firestone Energy
and Sekoko Resources' Waterberg Coal Project - a "highly conditional" offer
now under review.
Illegal miners killed in Grootvlei disaster
Up to 20 illegal miners may have been killed at gold-mining operations on the
East Rand, according to initial reports.
NUM members join nationwide strike
The National Union of Mineworkers confirmed that it had requested members to join
Cosatu's nationwide strike today aimed at having government scrap labour brokers
and toll road fees.
Sephaku to spin off R2.2bn fluorspar asset
South Africa may get a new fluorspar listing if Sephaku Holdings spins out its
fluorspar asset.
First Quantum hurt by low copper output
Fourth quarter net earnings are some 83% lower owing to lower copper production
and prices for the metal during the period.
Zimbabwe declines to extend Impala deadline
A letter from Impala Platinum requesting an extension to its indigenisation plans has
been rejected by the Zimbabwean government.
Implats sets Mar. 13 showdown with Kasukuwere
Impala Platinum will set down its final position on Zimbabwe indigenisation on
March 13 in terms of a new extension granted by Saviour Kasukuwere. But why
has the Zimbabwean minister agreed to an extension?
Merafe says chrome export duty imminent
An export duty on chrome ore would help stop the slide in South Africa’s
market share of ferrochrome and protect jobs, Merafe Resources CEO Stuart
Elliot said.