The contracts to build Medupi and Kusile were badly structured, leading to corruption and making Eskom carry the cost of time overruns, Deputy President David Mabuza conceded in Parliament on Tuesday. "The contracting model did not achieve the obje…
Medupi, Kusile contracts were misguided, Mabuza says Read More »
This week Mining Weekly editor Martin Creamer discusses mining’s increased investigation of renewable energy, government support for a national platinum strategy and the PGM zone gazetting.
RBPlat, Implats make headlines Read More »
Trade union federation the Congress of South African Trade unions (Cosatu) has denounced Mineral Resources Minister Gwede Mantashe’s statement that bringing criminal charges against mining bosses for fatalities at mines will cripple the industry. Follo…
Cosatu slams Mantashe, echoes calls to amend mine health and safety act Read More »
Head of finance at Eskom’s primary energy division, Snehal Nagar, on Tuesday testified on how he was instructed to make a R659-million pre-payment for coal to Gupta’s Tegeta Resources within three hours without following Eskom processes. Nagar, a chart…
Pan African H1 revenue up 52.8% y/y to R1.3bn; Brazil iron-ore tragedy brings home reality of mining risk says Kumba; And, price premiums boosting quality-focused Kumba Iron Ore
This week, Mining Weekly editor Martin Creamer discusses Niron Metals looking to Guinea’s iron-ore, Sibanye-Stillwater’s upper group two performance and Barrick’s merger with Newmont.
Niron Metals, Sibanye-Stillwater, and Barrick Gold make headlines Read More »
Evidence leader at the Zondo Inquiry, Advocate Kate Hofmeyr, on Tuesday gave an overview of the evidence of corruption in Eskom’s coal supply contract with Gupta family businesses that was going to be presented by a new witness. Daniel Mashigo, acting …
Eskom employees were pressured to sign R4.3bn contract with Tegeta, Zondo inquiry hears Read More »
DRDGold says Eskom grid upkeep increasingly problematic; Harmony is exploring Target North and Kalgold; and, Harmony cuts energy consumption, ushering in solar, mulling biofuels
This week, Mining Weekly editor Martin Creamer discusses Kumba and Amplats’ 2018 financial results
Kumba, Amplats 2018 financial results Read More »
Mining Weekly editor Martin Creamer unpacks Harmony Gold rising to President Cyril Ramaphosa’s ten-point mining challenge, DRDGold calling Eskom’s grid upkeep problematic and, Harmony looking to solar power and biofuel energy.
Harmony Gold and DRDGold make headlines Read More »
