AngloAustralian multinational mining and petroleum company BHP Billiton plans to invest about USD 1bn in new projects in South Africa in the coming year, BDay Live reported, quoting BHP Billiton South Africas chairman Xolani Mkhwanazi. Mkhwanazi told participants in Mining Indaba in Cape Town that BHP Billiton remains committed to South Africa and plans to expand its aluminium and manganese operations. BHP Billiton has invested USD 500mn in a manganese smelter in Klipspruit, south of Johannesburg. It has also a prospecting right to explore for oil on South Africas west coast since 2010 and has earmarked about USD 97mn for the project. BHP operates also four collieries and one coal-processing plant, two aluminium smelters, and manganese mining operations in South Africa. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more