What happened to gold’s safe-haven status?
The gold price benefited from the 2009 and 2011 crisis, but amid a 30% slide in Chinese stocks and prospects of Grexit, bullion has merely tested year lows. Why?
Bowing to union demands ruinous for SA gold
The Chamber of Mines warned that union wage demands would destroy every job in
the South African gold sector as talks complete an eighth day without result.
Kerr unfazed by South32 one-fifth value loss
Graham Kerr, CEO of South32, said disappointed expectations for certain metals were behind the one-fifth climb-down in the company's share price.
IMF calls on Mozambique to settle policy
The International Monetary Fund has called on Mozambique to bring certainty to its coal and gas legislative framework in order to consolidate long-term prospects.
Gold miners say unions must study ‘job value’
South African gold producers hope to convince unions of what's at stake if just one job is lost owing to high wage demands.
Good time to shop for SA coal
Nonkululeko Nyembezi-Heita, CEO of IchorCoal, believes now is the time to buy South African coal assets while prices for the fuel languish.
Dismay as Zim indigenisation talks stall
South African platinum firms have been unable to progress indigenisation deals with the Zimbabwean government with both sides stuck over compensation.
Bokoni Mines on knife-edge as R422m deal fails
The failure to supply R422m to Atlatsa Resources' Bokoni Mines had put the sustainability of the company at risk and triggered urgent refinancing discussions.
Glencore resolves to cut up to 700 at Optimum
Glencore said between 600 to 700 workers would be retrenched at Optimum Coal
Mines although Eskom's Hendrina power station would still be supplied.
Zambia minerals policy stirs investor fear
Zambia is the latest of southern Africa's mining giants to set down beneficiation plans
at a time when prices, policy and power worry investment prospects.