RBPlats likely to tap market for Styldrift funds
The basket price for platinum group metals was likely to see Royal Bafokeng
Platinum tap shareholders for funds to complete its R7.9bn share of the Styldrift
project, but not before 2014.
Harmony delivers Kusasalethu miners safely
The gold producer said all 486 miners were returned to surface safely, but the suspension of mining is another blow to the operation.
Petra content with “baked-in” growth
Johan Dippenaar, CEO of Petra Diamonds, said the company was happy to stick to growth plans for a 60% increase in production and doubling in revenue.
Strike mediation “is unfolding”, say producers
Mediation at the Labour Court was "unfolding", said South Africa's platinum producers regarding the chances of an 18 week strike being brought to an end.
Glencore holding gun to head: Molefe
Eskom CEO, Brian Molefe, felt as if Glencore was holding "a gun to his head" in coal contract negotiations.
Boje returns to lead coal developer Minergy
Andre Boje, formerly of Wescoal Holdings, has joined unlisted coal development firm Minergy which is developing a prospect in Botswana's Mmamabula coalfields.
Randgold says mines unaffected by airstrikes
The intervention of French military forces in Mali would not affect the mines of Randgold Resources which were located some 700km from the conflict zones.
Tharisa seeks R1bn in April JSE listing
Tharisa is to join the main board of the JSE on April 8 where it will raise R1bn to repay debt, and develop its chrome and platinum Bushveld complex mine.
Wescoal’s Ramaite in BEE restructure
Shares in Wescoal Holdings worth R28m have been unbundled to its chairman as the firm plans Eskom compliant black economic empowerment.
Raising the bar on BEE
Kumba Iron Ore’s windfall BEE payout has restored confidence in black economic empowerment.