De Beers sounds bullish note on jewellery sales
Diamond jewellery sales reached a new high in 2014 and the outlook for further growth in 2015 was promising, said De Beers.
Eskom coal supply agreements losing lustre
Supplying Eskom with coal is not as attractive to miners as it used to be with Anglo, BHP and Exxaro expressing some disaffection with the business.
Northam net cash R3bn after BEE approved
Paul Dunne, CEO of Northam Platinum, said it was an advantage the group beefed up its balance sheet following the 'unheard of' support for its BEE deal.
SA sceptical LBMA system will influence gold
South African economists and gold producers said it was unlikely the gold price would be positively influenced by the LBMA electronic gold price fixing platform.
Nkosi to step down as Exxaro CEO
Sipho Nkosi is expected to step down as CEO of Exxaro Resources after more than eight years in charge of the coal, iron ore and mineral sands company.
Challenger shale gas interest ‘undiminished’
Challenger Energy said it was progressing its exploration application for shale gas in the Karoo notwithstanding the withdrawal earlier this week of Shell's interest.
Radebe’s Mmakau blocking Exxaro coal deal
Bridgette Radebe, executive director of Mmakau Mining, is doing all in her power to oppose Exxaro's R4.9bn play for Total Coal SA.
Motsepe issues Zambia royalty warning
Patrice Motsepe, executive chairman of African Rainbow Minerals, said changing the rules midstream, as Zambia has done with royalties, was "a no-no".
South32 adopts 40% earnings payout policy
South32, to be demerged from BHP Billiton, would adopt a dividend cover approach as it sought a strong credit rating and targeted acquisitions.
South32 may restructure Eskom contracts
Graham Kerr, CEO-elect of South32, may restructure coal supply agreements with Eskom in order to finance extensions at the Khutala and Klipspruit colleries.