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Resources Watch

Resources Watch

12th June 2014

By: Creamer Media Reporter

  

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
The Department of Public Enterprises promises swift action on Eskom’s sustainability.
And, Namaqualand Mines new acquisition to become effective at the end of October.

South African electricity utility Eskom will present a “comprehensive sustainability strategy” to the economic cluster of Ministers by the end of June, outlining proposed solutions to its current financial, operational and asset-creation problems.

Eskom interim CEO Collin Matjila

The acquisition of De Beers Consolidated Mines’ Namaqualand Mines by JSE-listed Trans Hex’s 40%-owned subsidiary Emerald Panther Investments, was expected to become effective on October 31, said Trans Hex CEO Llewellyn Delport.

Trans Hex CEO Llewellyn Delport

For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.

Edited by Shannon de Ryhove
Contributing Editor

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