Featured Creator
Fadia Salie
Digitalisation tipped to save SA mining firms R213bn in six years, according to study
SOUTH Africa’s mining industry could unlock R213bn in economic value in six years by digitalising its processes, according to a study by Accenture, a consulting firm. Eric…
Shares in Jubilee Metals up 8% as firm lifts earnings despite COVID-19 lockdown
METALS processing company Jubilee said today it expects combined operational earnings to increase by 54% to £12.8m (74% increase to R266.5m) in the six months to June 2020…
Ray of hope for Eskom as PIC proposes debt-to-equity swap
DEBT-stricken Eskom has received a ray of hope in the form of a debt-to-equity swap proposal. Daniel Matjila, former CEO of the PIC, evoked the debt-to-equity swap in testimony…
Withdraw troops or risk bloodbath at Tenke Fungurume, DRC army told
Amnesty International has called on the government of the Democratic Republic of Congo (DRC) to immediately withdraw its armed forces from the Tenke Fungurume mines to avert…
Ailing Avocet to throw in towel after selling last significant asset
West African-focused gold mining and exploration company Avocet has proposed that the company be put into members’ voluntary liquidation and that any residual assets be returned…
Deadly collapse at Glencore’s Congo mine claims over 40 lives
The death toll at the Glencore-owned Kamoto Copper Company (KCC) mine in the Democratic Republic of the Congo has risen to over 40. Reuters reports that at least 41 artisanal…
Exxaro warns of Medupi hit on coal output and sales volumes
Eskom’s troubles continue to plague Exxaro, with the diversified miner cautioning that lower coal demand from the Medupi power station will adversely impact its coal production…
UPDATED: Resgen raises R4.2bn for Boikarabelo, expects first coal in Q2 2022
RESOURCE Generation (Resgen) today said it had secured the R4.2bn needed to complete construction of its thermal coal mining project Boikarabelo in the Waterberg. The Waterberg,…