Drilling of an oil-rich well off the west coast of South Africa is expected to begin before the end of the year. This comes after the government confirmed that Azinam…
Continue Reading→Gold mining News
Call for unification of South Africa’s leading gold mining companies
The other day there was a call to create a “gold production champion” listed on the Johannesburg Stock Exchange (JSE) by merging AngloGold Ashanti, Gold Fields and Sibanye.South African newspaper…
Continue Reading→Coal industry News
Exxaro to sell three coal mines to the BEE group
The sale is pending approval from the Antimonopoly Commission and the South African Department of Mineral Resources and Energy. Exxaro, one of the largest mining companies in South Africa, is…
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Railnet International to Build Zambia-Zimbabwe-Mozambique Railway in South Africa
Railnet International, Florida, USA, announced a $ 11 billion railroad project linking Zambia, Zimbabwe and Mozambique with passenger and freight trains. According to Reuters, negotiations are underway with the governments…
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