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Amplats to post 20% interim earnings lift

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Anglo American Platinum would report interim share earnings of more than 20% on an improved operational performance.

Mwana board ends week of ruction in simpatico

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Mwana Africa's newly constituted board reflected a company at peace with itself following a week in which directors were ousted.

Zim chrome miners welcome export reform

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Chrome miners in Zimbabwe welcomed the lifting of an export ban but conditions in the sector were still very challenging.

Petmin unveils R350m Somkhele BEE deal

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Petmin will sell a fifth of its cash cow, Somkhele anthracite mine in KwaZulu-Natal to the local community and employees for R350m.

IchorCoal in R128m swoop for ContiCoal

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Relief for Absa and EDF Trading as Germany's IchorCoal swoops on the Penumbra and Vlakvarkfontein coal mines of Continental Coal.

Mpinga falls on sword after Mwana board ouster

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Kalaa Mpinga vacates leadership of the company he founded 12 years ago after shareholders owning 5% of firm successfully win support of Chinese investors.

Venkat declares AngloGold debt drive complete

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Srinivasan Venkatakrishnan, CEO of AngloGold, said $820m from the sale of its CC&V mine to Newmont had put the firm's balance sheet back on track.

SA gold sector calls for ‘strategic’ wage talks

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The Chamber of Mines wanted strategic and measured approach by NUM, AMCU and other unions in gold sector wage negotiations due to kick off on June 22.

South32 to impair Samancor JV with Anglo

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The BHP Billiton spinoff suffered its first bad news since listing saying market forces would force it to write-down its loss-making Metalloys operation.

AngloGold to sell CC&V in $820m Newmont deal

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Anglogold has agreed to sell Cripple Creek & Victor (CC&V) to Newmont Mining for $820m enabling it to begin cutting debt and interest costs.