Category archives for: Mining

AngloGold CEO quits, joins Vedanta Resources

SRINIVASAN Venkatakrishnan

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – SRINIVASAN Venkatakrishnan has resigned as Chief Executive Officer of AngloGold Ashanti to take a similar role at Vedanta Resources. He will remain in his current role until August 30. A search for the new AngloGold Ashanti CEO is underway. “The board will search globally for a candidate with the […]

DRC-focused Kore Potash lists on the JSE

JSE

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – KORE Potash, the Democratic Republic of Congo (DRC)-focused minerals company, has attained secondary inward listing on the Main Board of the Johannesburg Stock Exchange (JSE). On Thursday, the company listed in the “General Mining” sector, becoming the sixth international company to make use of the JSE’s fast-track listing […]

Legislative changes in Zimbabwe buoy Caledonia

CALEDONIA Mining Corporation

From NDABENI MLOTSHWA in Bulawayo, Zimbabwe BULAWAYO, (CAJ News) – BOUYED by record gold production and political changes in Zimbabwe, Canadian gold mining firm, Caledonia Mining, appears eager to raise at least $4 million and buy back a stake previously ceded to indigenous entities. The capital would also finance exploration and evaluations of additional projects […]

Metallon dismisses externalisation charge in Zimbabwe

Metallon Corporation

By AKANI CHAUKE JOHANNESBURG, (CAJ News) – SOUTH Africa’s Metallon Corporation has refuted media reports it externalised US$31 million from its operations in Zimbabwe. The allegations have been made through Zimbabwe’s biggest daily publication. Mzi Khumalo, Metallon chairman, said contents of the newspaper were “false” and “thoroughly misleading.” He said neither he nor the company […]

Wives livid as Zimbabwe miners go years unpaid

Hwange Colliery

from NDABENI MLOTSHWA in Bulawayo, Zimbabwe BULAWAYO, (CAJ News) – THE Zimbabwean High Court has ruled in favour of women protesting over non-payment of their husbands by the country’s biggest coal mine. It is alleged the mine has failed to pay the workers for five years. Judge Justice Lavender Makoni dealt a major blow to […]

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