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Articles Written by: SHERILEE BRIDGE
Gold Fields, the world's fourth-largest gold producer, on Friday confirmed that the illegal strike at its Beatrix mine near Welkom in the Free State had been called off and that all 1 300 mine workers had been safely returned to surface. Andrew ...
Australian businessman John Stratton is fighting South Africa's plans to have him extradited in connection with the murder of mining magnate Brett Kebble. Currently living in Perth, Stratton is wanted by the Scorpions as an alleged co-conspirator in the ...
The National Energy Regulator of South Africa has quietly postponed its final decision on Eskom's application for a 53% tariff hike to June 18. By Thursday the regulator had not yet posted notice of the change in its decision date on its website, ...
Japanese engineering and heavy machinery maker Mitsubishi Heavy Industries is reportedly considering a ¥10-billion (R746,5-million) investment in South Africa's Pebble Bed Modular Reactor (PBMR). The investment would buy the Japanese company a stake ...
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Petrochemicals giant Sasol on Friday said its shareholders had approved its planned R25,9-billion black economic empowerment (BEE) transaction. The world's largest producer of oil from coal announced its intention to conclude a broad-based BEE ownership ...
The South African Petroleum Industry Association (Sapia) said the replacement of older petrol pumps, which are unable to reflect a price of more than R9,99, would take several months. Roughly 18 500 petrol pumps, or about 30% of all South Africa's ...
Harmony Gold Mining will receive a foreign-capital injection equivalent to R1,9-billion once all the conditions precedent in the $420-million transaction with the Pamodzi Resources Fund have been fulfilled, Harmony CEO Graham Briggs said on Thursday. A ...
The South African Communist Party (SACP) on Friday threatened to "take to the streets" in protest against South African power utility Eskom's proposed electricity hikes. "We will announce in due course a rolling mass-action programme to stop this ...
Zambia has ended negotiations with Standard Bank, Africa's largest bank by assets, to finance a $1,2-billion (R9,7-billion) oil-import deal after the two parties failed to reach agreement. Talks between the Zambian government and Stanbic Bank Zambia, a ...
Gold added $24,95, or 2,49%, to trade at $1 025,05 by 1.30pm on Monday -- this after rising more than 3% to a record $1 032,60 a troy ounce in overnight trade. Oil prices have also rallied in response to the dollar's weakness overnight with ...
