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Mail & Guardian
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Coega says Rio smelter still viable

A top executive at the Coega industrial zone has assured Rio Tinto its planned smelter is still viable, despite the mining company’s decision to delay the project due to an…

Eskom plans to get the power back

The power situation has eased somewhat over the past few days and there has been no load-shedding since February 4, Eskom CEO Jacob Maroga told reporters on Thursday in…

Rio Tinto’s annual net profit falls

The world’s third-largest miner, Rio Tinto, said on Wednesday its full-year net profit fell almost 2% in 2007 to $7,312-billion as it again rejected a takeover bid by rival BHP…

Trade minister says support for smelter unshaken

South Africa’s Minister of Trade and Industry, Mandisi Mpahlwa, said on Tuesday the country’s support for a planned aluminium smelter at Coega remained unshaken despite a power…

Expect tight energy supply for four years

South Africans can expect tight energy supply for another four years, Public Enterprises Minister Alec Erwin said in Cape Town on Monday. The country’s energy supply problems are…

BHP raises Rio bid; no immediate Chinese riposte

BHP Billiton launched a hostile ,4-billion bid for rival Rio Tinto in a move that could trigger a Chinese-led counterbid in the world’s second biggest corporate takeover.…

Outrage mounts over power cuts

Outrage over the country’s ongoing power cuts spread among business, agricultural and political sectors on Thursday as Eskom announced that the risk for continued cuts over the…

Rio seen unlikely to counter bid for BHP

Rio Tinto is reportedly considering a counter-bid for BHP Billiton as a defence against a Aus-billion takeover proposal from its bigger mining rival, but analysts said such a…

BHP’s Rio offer may spark $170-billion war

Rio Tinto’s rejection of a -billion all-share offer from BHP Billiton is likely to trigger rival bids from resource companies awash with cash from record commodity and stock…