Amplats’ Moosa ‘ashamed’ of AMCU strike
Valli Moosa, chairman of Anglo American Platinum, delivered a frank opinion of the platinum sector strike and said the industry had to be entirely modernised.
Naidoo seizes chance as Vedanta’s Agarwal unfurls Africa strategy
Vedanta Resources has been picking up the shoes in southern Africa that Anglo American has cast off in its eagerness to woo shareholders in...
JP Morgan warns over slumping platinum output
JP Morgan Cazenove has sounded a warning over the negative impact on the platinum miners of falling production linked to increased safety inspections by the Department of Mineral Resources.
Essar back on track in $750m New Zim deal
Indian conglomerate may have found a way of breaking the stalemate in its proposed $750m investment in New Zim Steel from Zimbabwe's government.
Eskom to be granted R59bn in special appropriation bill to relieve...
SOUTH African power utility, Eskom, has been allocated an additional R59bn over the next two years in order it can service debt, said Reuters...
Pallinghurst gets boost from Mozambique ruby sales
PALLINGHURST Resources said a recent auction of rubies from its Montepuez operation in Mozambique showed strong market support for the semi-precious stone with some...
MC Mining keeps Q3 tons steady but revenue under pressure on...
MC Mining kept third quarter coal production from its Uitkomst mine relatively stable despite production disruptions over the past 12 months, but revenue was...
Sibanye-Stillwater agrees R3.7bn out of court deal with Appian
SIBANYE-Stillwater and Appian Capital Advisory have agreed to a $215m (R3.7bn) out of court settlement ending a dispute related to two base metals deals...
Will BHP and others pay for ditching progressive dividends?
ONE of the observations regarding the investor activism being encountered by BHP – the mining firm that reaffirmed its Australian roots by dropping the...
More lights out for South Africa as Gordhan warns of unprecedented...
POWER rationing in South Africa, known as loadshedding, could increase to 8,000MW a day in terms of possible Stage 8 measures, according to a...