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...
Glencore to announce decision on coal split next week
GLENCORE will say next week whether it will proceed with plans to demerge and separately list its coal business.
Commenting in the group's second quarter...
Tharisa cuts production guidance by 10% after severe weather hits mining...
CHROME and platinum group metals (pgm) miner Tharisa has cut its full year production guidance by 10% because of the impact of severe weather...
Burkina Faso increases stake in West African Resources mines
ASX-LISTED West African Resources (WAF) will have to pay a compulsory annual 15% dividend to the Burkina Faso government as part of accepting the...
B2Gold estimates one quarter lift in Fekola gold output following $50m...
B2GOLD estimates an expansion of its Fekola gold mine in Mali can take it through the psychological million ounce a year gold production mark...
Gold choppy, but safe bet in long term
The outlook for gold would remain choppy, analysts said, with repeated liquidations, but in the long-term the metal would serve as a base to offset broader economic risks.
Pan African unveils $54.2m push into Australian gold
PAN African Resources on Tuesday announced the $54.2m acquisition of Tennant Consolidated Mining Group, a privately held company in Australia that owns the Nobles...
Sylvania to sell iron ore assets
Platinum company says no value is being given to its iron ore assets in the share price and would rather focus on developing its platinum prospects.
South32 temporarily shuts Wessels manganese mine
SOUTH32 said it had temporarily shut its Wessels manganese mine in South Africa's Northern Cape province during the December quarter at a time of...
Sibanye targets month-end for Amplats outcome
Neal Froneman, CEO of Sibanye Gold, said the company was "committed to doing something with Amplats" but he was unsure what the outcome would be.