Tag: south africa mining news
Petra Diamonds keeps founder as chairman
South Africa’s Petra Diamonds (LON:PDL) is keeping founder Adonis Pouroulis as chairman, despite some shareholders voting against his renewal at the 2018 annual general meeting.The company,...
South Africa faces sixth day of blackouts as Eskom stumbles
South Africa’s state-owned power utility will implement controlled blackouts for a sixth straight day to prevent a total collapse of the electricity grid amid...
Rwanda aims to sell stake in cement firm
Rwanda's government aims to put its 49 percent stake in the country's biggest cement maker, Cimerwa, up for sale this month, the prime minister...
Petra Diamonds shares jump after another discovery at Cullinan
South Africa’s Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.The D-colour, Type II diamond follows the...
Eskom needs more bailouts
South Africa's struggling state power firm Eskom may need more bailouts from government to survive, after the country's energy regulator on Thursday granted it...
Platinum prices low: S.A output jump will push oversupply to 6-year high|
On Wednesday, platinum futures was in retreat again, sliding to $832 an ounce after a new study predicted the largest market surplus in at...
SA platinum producers asked court to block strike
South African platinum producers, the world’s biggest miners of the metal, have asked a court to block a planned strike by one of the...
De Beers merges Canadian, South African assets
De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The...
AMCU strike undermines the struggling mining sector- Minerals Council
The Minerals Council South Africa on Friday expressed its concern about the consequences of The Association of Mineworkers and Construction Union’s (AMCU’s) planned secondary strikes at mining companies where the...
South Africa mining strike to spread to at least 15 firms — Minerals Council
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater...
Thirteen bodies retrieved from Gloria coal mine on Friday
Recovery operations of the remaining trapped bodies within the shaft at Gloria Coal Mine in Mpumalanga had to be halted on Friday due to...
AMCU to extend Sibanye strike to other mines
Workers led by South Africa's Association of Mineworkers and Construction Union (AMCU) plan to down tools at gold and platinum mines next week in...