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Eskom quietly deepens power cuts to unprecedented level

South Africa’s struggling State-owned utility Eskom Holdings appears to have reached an unprecedented level of power cuts, indicated late Tuesday by the company spokesman. The company cut 7 045 MW from the grid, a practice locally referred to as loadshedding, in order...

Sibanye makes off-market play for New Century

Additional feed line from tails dam to the plant. Image: New Century Resources Sibanye has cited changes in strategic direction and a decline in shareholder value as the reason for its takeover bid. The recent string of takeover bids is marching on,...

Wheels turning on Rio Tinto and BMW deal

Rio Tinto has signed a Memorandum of Understanding (MoU) with BMW Group that will see responsible aluminium hit a vehicle production plant.    The mining giant’s responsibly sourced aluminium will be provided to the US-based plant in a joint effort to...