Eskom and BHP Billiton today announced that they have reached agreement on an amended power supply contract for the Mozal aluminium smelter in Mozambique. Discussions relating to the contracts for the supply of electricity to the Hillside and Bayside smelters in South Africa will continue over the coming months with the intention of concluding binding [...]

Directors and officers, charged with making difficult management decisions in the course of their work, may face heightened litigation once the new Companies Act comes into effect in later this year. Increased litigation may also cost directors millions in their personal capacity.

Standard Bank, South Africa’s largest warrant trading house, is the first local financial institution to launch platinum warrants to retail investors. Standard Bank will soon be launching commodity warrants on gold and oil.
Retail commodity warrants allow investors to access the global commodity market from South Africa. Warrant holders will have the opportunity to make a [...]

Local steel producers, to a large extent, held their own in 2009 despite of a number of them reporting down¬sizing and other survival measures. The severe downturn in the global economy was cushioned by the special circumstances regarding the construction of power stations and government’s low-cost housing and infrastructure spending.

JSE Main Board-listed construction materials supplier, Afrimat, today continued its positive growth trend when it announced the R35 million acquisition of the Glen Douglas dolomite mine from Exxaro Resources Limited.  The acquisition marks the first step in the group’s diversification into complementary industries in order to expand revenue streams, boost profitability and sustain growth in [...]

On current trends, South Africa is headed for a crisis of water security and quality that will hamper the country’s social and economic development.
Sooner than many policy-makers anticipate, emerging water supply problems will impact on the whole spectrum of South Africa’s development challenges.

The establishment of an Integrated Project Management Control Office (IPMCO) is the fastest growing concept in project management today and is extremely important when implementing project quality systems that effectively integrate with business quality systems in the mining and engineering sectors. To keep pace with increased competition and tougher economic conditions in a fast-paced global [...]

Diversified resources group Xstrata has slammed the introduction of a proposed resources tax in Australia. Below is the press statement issued by the group: