Anglo sells Tarmac for $1.6bn
Anglo American provided some cheer in a taxing month saying it had sold a stake in Tarmac for $1.6bn in a move that may even secure the interim dividend.
South32’s Kerr wants to grow SA coal business
Although minor contributors to group value, South32's South African coal assets form the foundation of a growth business.
Harmony’s Briggs announces retirement plans
The retirement of Graham Briggs, the seven-year-long CEO of Harmony Gold, comes at a time when his company stands the most vulnerable if wage talks fail.
Kumba to shut Thabazimbi, retrench 1,060
Kumba Iron Ore is to shut its Thabazimbi mine in South Africa's Limpopo province taking numbers retrenched to more than 1,300 people.
RBCT unveils R1.34bn replacement plan
Richards Bay Coal Terminal is to spend R1.34bn over three years replacing its machinery at its phase one facilities notwithstanding the slide in coal prices.
Molefe Eskom stay extended three months
The power utiity also announces that four executives it suspended in March - three of whom have left the organisation - have been cleared of any wrong-doing.
Harmony, unions save Doornkop thousands
Harmony Gold hailed the cooperation of NUM and other unions for helping save roughly 3,000 jobs at its struggling Doornkop gold mine.
Transnet targets 77mt coal exports in 2016
South Africa's rail and logistics company Transnet said it hoped to increase coal exports again in 2016 notwithstanding the slump in international coal markets.
RBPlat gives up 5% as interim loss hits home
Shares in Lonmin lost about 12% taking losses for the last 30 days to over 40% while Royal Bafokeng Platinum said it would post an interim loss.
SA makes second run at Botswana coal
An unnamed South African firm would pay Aviva Resources $20m if it could develop a power project at Botswana's Mmamantswe coal deposit.


















