A R31-million, fully-integrated 7 500 kVA standby power solution is currently being installed in the Democratic Republic of Congo (DRC), following the successful design, assembly and testing of the modular plant by Johannesburg-based Amalgamated Power Solutions (APS) – a market leader electrical and mechanical engineering solutions.

He has named it the "fair dinkum nugget" because when people feel its weight they say "fair dinkum this is huge.”

The company recently announced its intention to merge the copper and coal divisions, reducing Rio's businesses to just four main groups.

The move makes of Capital Mining the first ASX-listed, Canada-based company to hold a stake in a licensed marijuana grower.

One of the goals is to support the creation of 250 local mining suppliers and have the sector exporting $10bn in knowledge-intensive solutions by 2035.

South Africa's Eskom has coal market observers scratching their heads after the public utility announced plans to purchase expensive, export-quality coal from Glencore's (LON:GLEN) Optimum Coal.

The presidential ambitions of Hillary Rodham Clinton have become ensnared in an obscure gold-mining project in Haiti, as the Democratic favorite for the presidency begins her second run for the White House.

Gold's 2015 rally evaporated on Friday and gold guru Rick Rule can see downside from here, but also the approach of a bottom in the market.

The iron ore price suffered another steep decline on Friday, falling to the lowest since November 2008 when the SteelIndex benchmark was first introduced.