NEWS
Eskom warns of more blackouts
South Africa’s power utility Eskom said yesterday that they are well and truly under pressure to provide the country with electricity this week, and...
Tenants baffled by five-fold increase in Zimasco rentals
Ferrochrome producer Zimasco has hiked rentals for its properties in Shurugwi more than five-fold and is threatening to evict those who do not pay.Zimasco...
IronRidge Resources becomes member of European Battery Alliance
Australia’s IronRidge Resources announced that it has been accepted as a member of the European Battery Alliance, an organization committed to driving a competitive...
China Moly’s H1 cobalt production down 24%
China Molybdenum Co., one of the world’s biggest cobalt producers, saw its output of the battery metal fall 24% year-on-year in the first half,...
AngloGold, Barrick to sell 80% of Morila mine in conflict-ridden Mali
AngloGold Ashanti and partner Barrick Gold are selling their 80% stake in Mali’s Morila gold mine amid political uncertainty in the country still reeling...
Friedland’s Nimba iron ore project to get World Bank backing
The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine in southeastern Guinea, which is...
Investors who missed gold rush pile into platinum funds
Platinum holdings in exchange-traded funds have surged to a record, raising the prospect of a catch-up rally for the precious metal after months of...
Petrol price to inch up by 1 cent per litre from Wednesday morning
South African Motorists will be paying 1 c/l more for both grades of petrol from Wednesday morning, while diesel will fall by 21 c/l.
This...
Q2 power supply target down 20%
POWER utility, Zesa Holdings, missed its electricity supply target by 20 percent to 1 384,46 Gigawatt hours in the second quarter ended 30 June...
Illegal mining threatens development
THE increase in illegal gold mining activities is becoming a threat to the country’s infrastructure and environment that could affect the socio-economic development.Land degradation...



