Transnet unveils R17bn coal solution
The much-vaunted Lothair rail project, expected to help massively ramp up coal deliveries to Richards Bay, was officially unveiled with a completion date of 2016 set for the initiative.
Vedanta sounds out debt holders about extending maturities on dollar bonds
VEDANTA Resources has sounded out debt holders about the possibility of extending maturities on some of its dollar bonds to reduce refinancing pressures, said...
Glencore sets aside $1.5bn in penalty provision as anti-graft investigations near...
GLENCORE has set aside $1.5bn in provisions related to penalties it believes may be imposed by anti-graft authorities which are currently running investigations into...
ARM lifts dividend on nickel, platinum boost
Crucial turnarounds in platinum and nickel, and a healthy contribution from coal, helped African Rainbow Minerals to a solid showing for its 2013 financial year.
Platinum on the back foot
The platinum sector has seemingly "caught the gold disease', with difficult days
ahead for both producers and investors.
Rockwell signs $7.2m BEE deal, mulls growth
Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.
Cutifani calls Anglo’s best payout in 10 years a culmination of...
ANGLO American halved debt and paid a handsome second half dividend for its 2017 financial year - its largest in 10 years - in...
Slippage in Gruyere takes project cost to A$621m for Gold Fields
GOLD Fields today reported a 10% slippage in the capital cost estimate for its Gruyere gold mine, held in joint venture with Gold Road...
Kumba gives nod to UHDMS in R7.6bn commissioning plan
KUMBA Iron Ore has approved R7.6bn for the commissioning of UHDMS technology at its Sishen mine that will improve yield and potentially lengthen the...
Sibiya defends mineworkers’ pay levels
Chamber of Mines CEO Bheki Sibiya says the wages that the body’s members
pay their employees compare favourably to that of other industries. He has also
called for an economic Codesa.