Sibanye-Stillwater raises R1.8bn in gold prepayment
SIBANYE-Stillwater has refinanced its rand revolving credit facility (RCF) increasing it to R6bn and sold R1.8bn of gold forward through a “prepay” arrangement to...
Eskom will have to pay more for coal as threat of...
SOUTH African power utility, Eskom, would be under increased pressure to pay more for coal in the coming years as it was running short...
Holland declares he’s right man for Gold Fields
Nick Holland, CEO of Gold Fields, said he did not intend going anywhere and that the group would pay a dividend and that South Deep would deliver.
Production of Marampa mine in Sierra Leone suspended amid export ban,...
SL MINING, a subsidiary of US commodity trading company, Gerald Group, is to suspend iron ore production at its operations in Sierra Leone following...
Amplats still hit by no-shows
Anglo American Platinum has extended its deadline for workers to return for duty
until Monday.
Sibanye to weigh platinum mines as safety stoppages hit viability
SIBANYE Gold said it was studying the viability of operations held in its newly acquired Aquarius Platinum following the issuance of safety-related stoppages, the...
Merafe halves debt, lifts payout, but is rapped for excess stocks
SHARES in Merafe Resources, a Johannesburg-listed ferrochrome producer in joint venture with Glencore, edged up 2.7% following strong interim results in which it halved...
Harmony to close Merriespruit shaft
Harmony Gold says it will be closing its Merriespruit 1 shaft in Virginia after the failure of a productivity-linked deal with unions.
Acacia ‘has potential’ to beat dividend policy after strong year
ACACIA Mining said strong cash generation in its 2016 financial year, and the absence of pressing capital expenditure at its Tanzania mines, would be...
NUM settles with ARM, Anglo Platinum
South Africa's National Union of Mineworkers (NUM) said on Monday it has reached a one-year wage deal with African Rainbow Minerals' Nkomati nickel mine.