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Amplats, Implats offer R12,500/m by 2017

PLATINUM GROUP METALSby David McKay | Thu, 17 Apr 2014
South African platinum firms have offered to meet AMCU's R12,500 per month basic wage demand by 2017 in a move they said they could "ill afford". Read ›

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  • R&E to put PwC R150m deal to shareholders

    MARKETSby David McKay | Wed, 16 Apr 2014
    Randgold & Exploration is to close another chapter on its infamous corporate past in a proposed deal with PwC which it alleged had failed to spot misappropriations. Read ›

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  • Glencore bids $1.35bn for Chad oil, gas

    by David McKay | 14 Apr 2014 - |
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     Glencore Xstrata has underlined its appetite for Africa risk after bidding a cash premium for an oil and gas exploration firm in Chad - the world's seventh poorest nation. Read ›

    5 urgent 'to-do's' on Eskom CEO’s worry list

    ENERGYby David McKay | Thu, 17 Apr 2014
    What to do about a state-owned utility called Eskom is the subject on everyone's lips again. First off, appointing a CEO. Secondly, addressing these crucial issues ... Read ›

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  • Master Drilling welcomes mechanisation talk

    by David McKay | 16 Apr 2014 - |
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     Master Drilings says strike activity in South Africa is obviously unhelpful but it may have some positive spinoffs if it results in mechanisation. Read ›

    Aquarius unveils hefty discount in $225m offer

    by David McKay | 15 Apr 2014 - |
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     Shareholders in Aquarius Platinum will now deliberate over whether to accept the 66% discount offered today in a 2:1 rights offer aimed at destressing the balance sheet. Read ›

    Pt may stage short-lived rally to $1,600/oz

    by David McKay | 14 Apr 2014 - |
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     Standard Bank said the price of platinum could rally in the absence of a wage deal, but generally speaking the metal would bump along the bottom for 2014. Read ›
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