Zimbabwe gives miners six months to clear electricity bills
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDS) has given mining companies and other debtors, including farmers, six months to tackle their arrears or...
NUM launches court bid to remove Optimum business practitioners
THE National Union of Mineworkers (NUM) is hoping to dislodge the business practitioners appointed for Optimum Coal Mine owing to their alleged links to...
Ghana union threatens protests and strikes at Gold Fields’ Tarkwa
PLANS by Gold Fields to convert its Tarkwa mine in Ghana to contractor-based mining could lead to protests and strikes, said Bloomberg News citing...
Resgen convenes board meeting for April 11 to assess loans
RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development firm, said it had scheduled a board meeting on April 11 to assess terms on...
Mantashe urges speed on recovery of Gupta-owned mines
GWEDE Mantashe, South Africa's mines minister, urged business rescue practitioners putting in measures aimed at saving Gupta family-owned mines to act "with speed", said...
Master Drilling share earnings to be lower for 2017 financial year
MASTER Drilling expected to post up to a 31.1% decline in full-year share earnings for the 2017 financial year which would be between 142,60...
Anglo renews bulk carrier contract with SA JV worth $30m/year
ANGLO American said it had renewed ocean freight contracts with Vuka Marine, a joint venture involving a South African firm, which accounts for about...
Steinmetz puts BSG Resources into voluntary administration
THE mining arm of entrepreneur Beny Steinmetz's business interests, BSG Resources (BSGR), has been put into voluntary administration in order to protect its assets...
Eurasian Resources ready to sell DRC Frontier mine
KAZAKH mining company, Eurasian Resources Group, was considering selling its Frontier copper mine in the Democratic Repubilc of Congo (DRC), even though potential changes...
Anglo’s Cutifani describes meeting with Mantashe as “great”
ANGLO American CEO, Mark Cutifani, described a meeting with newly appointed South African mines minister, Gwede Mantashe, this week as "a great meeting", according...