Gold Fields uses strong results as stick to hit at Harmony

South African gold major Gold Fields yesterday again came out strongly against smaller rival Harmony Gold's hostile all-share takeover bid, ahead of the next round of legal wrangling between the... 

Aquarius' Everest project remains on track

Precious-metals producer Aquarius Platinum has reported that the construction of its Everest South mine is proceeding as planned and should achieve full production in 2006. 

NUM-Harmony set for Labour Court showdown

South African gold-miner Harmony and the National Union of Mineworkers (NUM) are set for a showdown in the Labour Court today, as the union attempts to halt retrenchments at the company's Free... 

Power distributors to fund infrastructure maintenance

South Africa's National Electricity Regulator (NER) on Friday published the country's second National Integrated Resource Plan (NIRP) – an independent information source for stakeholders and... 

Joburg downplays Huddle Park controversy

The Johannesburg City Council yesterday strongly downplayed suggestions of irregularities and foul play in the proposed R1,6-billion Huddle Park development. 

DRDGold claims it will rise from mine-liquidation ashes

Marginal South African gold-miner DRDGold yesterday said that remedial actions taken during the past quarter, coupled with a continued turnaround at the South African operations' Byvooruitzicht... 

Construction sector draft BEE scorecard released

A draft black-economic empowerment (BEE) scorecard was yesterday released for industry comment by the steering committee responsible for driving the construction industry broad-based BEE charter... 

African power market a 'new frontier'

Africa's power market is a “new frontier” to be exploited and unlocked, and can generate enormous growth for the continent once it begins to attract investment, a high-level speaker... 

NUM to apply for interdict against Harmony today

The National Union of Mineworkers (NUM) is hopeful of obtaining a court interdict against gold-miner Harmony today, to stop the company from retrenching more than 4 900 workers at its Free State... 

BMW parts suppliers open manufacturing facility

Automotive components manufacturers SAS Automotive RSA and Faurecia Front-End South Africa last week officially opened their joint manufacturing facility in Rosslyn, outside Pretoria, to supply... 

Junior prepares to claim damages from Ingwe

South African junior miner Yomhlaba will receive final legal council this week before proceeding with a damages claim against coal major Ingwe, following the termination of a contract between the... 

VWSA to construct R750m paint shop in Uitenhage

Carmaker Volkswagen of South Africa (VWSA) yesterday unveiled plans for a new R750-million state-of-the-art paint shop that will be constructed at its Uitenhage plant, in the Eastern Cape. 

Alexkor land claim settlement unlikely - Erwin

The South African government does not expect to reach an out-of-court settlement with the Richtersveld community in a protracted land claim against State diamond-miner Alexkor, before the case... 

Four firms shortlisted for PBMR construction

Four companies have been shortlisted for the EPCM contract for South Africa’s pebble-bed modular reactor (PBMR) pilot plant, a PBMR Company spokesperson tells Engineering News. 

IDC seeks consultants to study platinum prospect

The Industrial Development Corporation (IDC) has called for expressions of interest from geological and mining consultants to undertake a technical review of the geology and mining aspects of a... 

AngloGold Ashanti shrugs off flooding fears

The liquidation of DRDGold’s North West Operations, announced towards the end of last month, could also have far-reaching consequences for another major South African mining group. 

Green power should dominate by 2050 - lobby group

A study by a South African environmental group argues that 90% of the country's electricity generation could be derived from renewable sources such as solar, wind and wave by 2050. 

South-South FDI grows to $40bn in 2004

Foreign direct investment (FDI) inflows to developing countries increased from $152-billion in 2003 to $165-billion in 2004, but remain below the peak of $182-billion reached in 1999, a World Bank... 

Big BEE interest in De Beers stake despite losses at SA mines

Diamond giant De Beers could sell off some of its loss-making South African mines ahead of a planned black-economic empowerment (BEE) deal, which it intends concluding by the end of this year. 

IDC seeks consultants to study platinum prospect

South Africa's Industrial Development Corporation (IDC) recently called for expressions of interest from geological and mining consultants to undertake a technical review of the geology and mining... 

No blanket exemptions in final draft ICT charter

Any information, communication and technology (ICT) company operating within the South African market will be required to fulfil the requirements of the sector's empowerment charter and... 

A lot of work before Hong Kong meeting - WTO chief

A World Trade Organisation (WTO) meeting this week heard that there is an immense amount of progress to be made, in a very short time, if the organisation is to achieve its Doha development round... 

Four firms shortlisted for PBMR construction

Four companies have been shortlisted for the EPCM contract for South Africa's pebble-bed modular reactor (PBMR) pilot plant, a PBMR Company spokesperson told Engineering News Online yesterday. 

AngloGold Ashanti shrugs off flooding fears

The liquidation of DRDGold's North West Operations, announced towards the end of last month, could also have far-reaching consequences for another major South African mining group. 

Study to probe chemical-sector pricing

In response to a call by President Thabo Mbeki to abolish import-parity pricing (IPP) from some industrial sectors, the Industrial Development Corporation (IDC) is inviting proposals for a research... 

Govt, financial sector in R42bn housing pledge

The South African government and financial sector yesterday concluded a memorandum of understanding (MoU) that will facilitate cooperation between the two in terms of extending housing finance on a... 

'West Africa to yield larger future gold discoveries'

AIM-listed mining group Cluff Gold said it believes that West Africa will most likely yield the larger gold discoveries of the future – a view that underpins the company's aim of becoming a... 

Tshwane outlines long-term city strategy

The City of Tshwane is currently taking steps to implement its 'city development strategy' – a bold initiative to influence the development path of the city over the next 20 years. 

Kumba awards contract for R2,9bn Sishen project

South African iron-ore giant Kumba Resources yesterday awarded a R300-million contract to build its R2,96-billion brownfields Sishen Expansion Project (SEP), in the Northern Cape, to a Murray &... 

Kebble continues bid for DRDGold's insolvent assets

Former DRDGold chairperson Roger Kebble said yesterday that he would continue to press on with his bid for the gold producers insolvent North West Operations, after DRDGold rejected his offer for... 

Yorkcor downplays perceptions of sawlog shortage

South African timber company Yorkcor yesterday said that, while it is possible that a serious undersupply of sawlogs could materialise, based on long-term analysis, it appears more probable that... 

Tshwane seeks project manager for 20-year development plan

The City of Tshwane is seeking a suitable project manager and sector experts to assist with the implementation of its 20-year long-term city development strategy (CDS). 

NUM lashes out at DRDGold

South African miner DRDGold's High Court application for the provisional liquidation of its ailing North West Operations today has drawn strong reaction from trade unions. 

Toyota makes play for light commercial market

With the introduction of a new commercial vehicle range, Toyota South Africa is hoping to increase its local market share in the light commercial vehicle category, the company said yesterday. 

Anglo bullish on China demand in 2005

Global mining giant Anglo American has commented that the outlook for 2005 is “very dependent” on growth prospects for Organisation for Economic Cooperation and Development (OECD)... 

Study to probe chemical sector pricing

In response to a call by President Thabo Mbeki to abolish import parity pricing (IPP) from some industrial sectors, South Africa's Industrial Development Corporation (IDC) is inviting proposals... 

'BEE monopolies will not be approved'

South Africa's Competition Commission will not approve deals that create monopolies for the sake of advancing black economic empowerment (BEE), the head of the authority said yesterday. 

Conops could save some at-risk jobs - Harmony

Some 4 914 employees are facing the axe at gold-miner Harmony Gold's Free State operations, as the company tries to stem the bleeding at its marginal shafts. 

Solidarity to investigate Harmony fatalities

The Solidarity trade union said on Friday that it would launch an investigation, with various other stakeholders, into a recent spate of fatal accidents at gold producer Harmony's Free State... 

Govt, steelmaker mum on pricing talks

Steel price negotiations, between the Department of Trade and Industry (DTI) and steel giant Ispat Iscor, continued yesterday, but a government official said no information would be released about...