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Tag: mines

Afrimat mines new seam

DURBANVILLE-based building materials producer Afrimat looks set to venture further into the mining sector with a proposal to acquire the South African operations of Australia-based Universal Coal plc. Afrimat – probably best...

AngloGold plans to sell mines in final exit from South Africa

Exiting its South African operations could be a precursor to the miner moving its listing to London or Toronto. AngloGold Ashanti moved closer to exiting South Africa mining by announcing plans to...

SA’s gold mines in crisis as profitable producers shrink to 20%

The state of SA’s gold mining industry is worse than first thought, with fewer than 20% of gold mines making money at prevailing prices — while large job cuts are forecast...

Eskom says coal supplier Optimum mine starts business rescue proceedings

South African power producer Eskom said on Thursday the Optimum coal mine, which is owned by the Gupta family and supplies one of the utility’s power stations, had started business rescue...

Multiple cranes for new mine

The first two of six cranes making up a multi-million Rand manufacturing contract for Condra’s Johannesburg works have been delivered and installed on site at a new mining development project in...

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Huawei is being locked out of Android – here’s what that...

Google has suspended its business relationship with Huawei, in compliance with an American trade ban. South African Huawei users should not see any...

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