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Top News In Set Default Regional Today - Breaking & Trending Today

Loadshedding will be reduced to Stages 3 and 4 over the weekend

Power utility Eskom says that, as a result of lower weekend demand and the return to service of some generating units, Stage 3 and 4 loadshedding will be implemented this weekend. Since yesterday morning, a generating unit each at Hendrina, Lethabo and Tutuka power stations have returned to service. ....

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Mixed picture for gold demand in the first quarter

According to industry body the World Gold Council’s (WGC's) Gold Demand Trends report for the first quarter, continued momentum in central bank buying and resurgent Chinese consumer demand contrasted with a negative contribution from exchange-traded funds (ETFs) and weakness in India during the period. First-quarter gold demand (excluding over-the-counter, or OTC) was 13% lower year-on-year, at 1 081 t. ....

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Goldplat's third-quarter performance impacted by operational headwinds

Aim-listed Goldplat’s two gold recovery operations in South Africa and Ghana achieved a combined operating profit for the third quarter of £1.47-million, a 36% decrease against the third quarter in the previous year (excluding listing and head office costs and foreign exchange losses), it notes in operational update for the period. The combined operating profit for the operating entities for the nine months ending March 31 decreased by 20% year-on-year to £4.84-million. ....

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Investors irked by Glencore's stance on thermal coal AGM vote

Investors pushing for more transparency on miner Glencore's thermal coal production said its decision not to support a shareholder resolution on the topic showed a "fundamental lack of willingness to engage".

Britain's largest asset manager Legal & General Investment Management and the fund arm of lender HSBC were among those to file the request seeking detail on how its output plans aligned with the world's climate goals. ....

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Gauteng gold mine being blown away by wind's potential as Reef electricity source

Although Gauteng dwellers have tended to dismiss wind as a renewable energy provider from this region, some are now being blown away by the gusts that puff across our far-stretching gold reef. “I thought the wind didn’t blow up here,” interim Gold Fields CEO Martin Preece confessed this week during question time at the Johannesburg- and New York-listed company's environmental social and governance (ESG) presentation. ....

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