Anglo’s Cutifani targets $1.3bn cash flow lift
In his first results presentation, Anglo's Mark Cutifani also took the hatchet to management levels and was withering of the group's capital discipline.
Political undertone to coal terminal plans
One view as to why South Africa's Transnet needs to build another new coal export lies in the government's interest in controlling flows of the fuel.
Lonmin wary of safety, labour stoppages
UPDATED - Lonmin said Q3 mining had been hampered by safety stoppages, but added it remained confident of meeting its 660,000 ounce full-year sales forecast.
Glencore completes Mutanda, Kansuki merger
Glencore Xstrata said it had completed the merger of its Mutanda copper and cobalt mine with Kansuki - a deal that sees Ivan Glasenberg work with Dan Gertler.
Merafe interim earnings hit by impairment
Merafe Resources is a company under pressure following the loss on the proposed sale of its Horizon mine in Limpopo province.
Unions declare dispute as gold firms lift offer
The Chamber of Mines lifted its wage increase offer to 5% but unions, excluding AMCU, have swiftly moved to dispute in a 30-day CCMA process.
AngloGold to raise up to $1bn in corporate bond
AngloGold Ashanti said it would raise between $750m and $1bn in a corporate bond which it would use to de-stress its balance sheet.
RBPlats to shut mill for ‘two to three weeks’
Royal Bafokeng Platinum said R4.5m in repairs to a concentrator at its Bafokeng-Rasimone mine would see ore stockpiled for three to four weeks.
Cash flush Kumba gives some relief to Anglo
A strong performance from new mine Kolomela helped Kumba Iron Ore mitigate a weaker iron ore price and generate enough cash to wipe out net debt.
Backwardation expresses gold price volatility
Gold dabbled in backwardation earlier this month, a rare event that underlines how difficult it is becoming to guess at the metal's next move.