AMSA books R1.8bn Thabazimbi write-down
A condition of its iron ore pricing agreement with Kumba Iron Ore is that ArcelorMittal SA must write-down the carrying value of Thabazimbi by R1.8bn.
Eskom slaps Glencore with R2bn penalty
Eskom acting CEO, Brian Molefe, said it would see Glencore in court for payment of R2bn relating to "shoddy performance" from Optimum mine.
Kumba, Arcelor set for Monday pow-wow
Kumba Iron Ore and ArcelorMittal SA will convene an emergency meeting to help save the country's steel production after government's trade and industry minister Rob Davies stepped into the fray.
Kropz reaches agreement with Transnet over phosphate exports from Elandsfontein
AIM-listed phosphate development firm Kropz seems to have resolved its port capacity issues with Transnet which, in May, told Kropz that it did not...
Kumba expects Q4 iron ore revival
Kumba Iron Ore, the Anglo American subsidiary, said the fourth quarter iron ore price would be supported by China to which it sells 66% of its exports.
Anglo American production meets targets, share price drops
Anglo American’s first quarter production figures, which reflected its restructuring and were in line with previous guidance, did not sit well with investors, and...
Bodies of last two missing mineworkers recovered from Kusasalethu
The bodies of the last two of the five mineworkers trapped by a fall of ground following a rockburst last Friday morning at Harmony’s...
Implats in death scandal – Sunday Times
Impala Platinum is facing criminal charges, including culpable homicide, for its role in
the death of a mine worker, according to a Sunday Times report.
Petra on knife edge as Covid-19 second wave threatens diamond price...
PETRA Diamonds reported a taxed loss of $223m, including $91.9m in impairments, for the 12 months ended June, and warned the market its viability...
BHP affirms SA commitment before MPs
BHP Billiton has told parliament the company is committed to South Africa and that its ongoing investment in the country is proof of that.