The operator of South Africa’s last remaining manganese smelter said it may have to cut as many as 600 jobs as high power ...
Eskom said South Africa is working on ways to support its ferrochrome industry, announcing agreements with Samancor Chrome and the Glencore-Merafe Chrome Venture. Eskom said in a statement that the ...
South Africa stands at a crossroads that will determine whether it remains the custodian of its mineral wealth or becomes ...
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COSATU raises alarm over potential closure of Mozal, threatens 27,200 jobs in South Africa and Mozambique
This is something neither nation can afford. With unemployment already dangerously high at 42.4% in South Africa, we must pull out all stops to avert this potential calamity.
While South Africa pursues a genocide case against Israel at the International Court of Justice, its coal exports to the country are increasing.
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Gold Is up 70% But Investors Are Overlooking The Refiner Stocks That Could Pop Next
Banks can only buy gold in 99.9% hallmarked bars. Miners with in-house refining operations have pricing power regardless of ...
At the close of a year in which Africa’s underlying economic problems continue to worsen, the Johannesburg G20 summit on ...
ESKOM has agreed to enter into talks for a new electricity tariff that will see South African smelters reopen, on a limited basis, and potentially save more than 3,000 jobs. Dan Marokane, CEO of the ...
Claims that it cannot compete with international smelters whose electricity costs are roughly half of its own.
The pressure is mounting on Eskom to ensure the proposed discount deal with smelters work, after Transalloys, a manganese ...
Transalloys has circulated section 189 letters to staff stating that 600 jobs are at risk if the smelter cannot get better ...
Many are looking at opportunities in South America and Asia, one region is tipped to be a potential shock index next year.
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