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Gold miners in re-think as investors bristle

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Lawsuits brought by shareholders against gold companies is one manifestation of the need for the world's miners of the metal to restructure.

Brian Molefe appointed acting CEO of Eskom

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Brian Molefe, CEO of Transnet, has been appointed acting CEO of Eskom, the state-owned power utility.

Prudent Wescoal investors take bid to heart

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Shareholders in Wescoal believe it's prudent to have their interests protected as the South African coal junior space could become lively in time.

Mwana makes progress on nickel, gold costs

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Mwana Africa said it had reined-in costs at its gold and nickel operations in Zimbabwe amid persistently difficult revenue conditions.

SA parliament mum on MPRDA limbo

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A third of the year has passed and yet the Mineral Resources & Petroleum Development Amendment bill has yet to be revisited by anyone in parliament.

Amplats spin-off given short shrift

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The prospect of Amplats listing its non-core assets in a partial unbundling has been questioned by a UK analyst who said investors would be foolish to buy it.

Evraz Highveld slides into business rescue

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Attempts to stage an operational turnaround at the steelmaker fail as it announces it has run out of funds and will go into voluntary business rescue.

Keaton lifts output despite Vaalkrantz coal theft

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Stock theft at the KwaZulu-Natal colliery resulted in the replacement of the operation's management team, but full-year output was nevertheless increased.

Gold Fields agrees 10%, 3-year wage lift

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Gold Fields is to pay an average 10% a year wage increase to 3,500 employees at its South Deep mine for three years.

Africa’s mining codes too fluid for comfort

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Mark Bristow, CEO of Randgold Resources, said the continent's mining codes often overlooked lessons from history.