Glencore cuts SA coal by 5mt as prices bite
Glencore is to cut thermal coal output from Optimum Coal by at least five million tonnes a year as coal prices bit deep causing "ongoing financial hardship".
Diamond price weakness ‘short-lived’
Analysts said the recent pull-back in diamonds would be short-lived adding that Petra Diamonds and Anglo American were buying opportunities.
Sibanye Gold targets 1.67m oz for 2015
Sibanye Gold produced record quarterly output in the fourth quarter taking full-year production to guidance of 1.59 million ounces.
Sable Mining clinches Liberia rail deal
UK-listed Sable Mining has signed a rail use agreement with Liberia allowing it to transport iron ore from its project in Guinea to a port in the west African country.
Oil price heaps pressure on Sasol
Petrochemical giant Sasol is one of the companies not benefiting from the decline in the price of oil with its dividend most under threat.
Amplats future shinier after 2014 earnings pain
Anglo American Platinum is to report a hefty headline earnings decline, but analysts said 2015 looked like being a more positive year for the Anglo vassal.
Royalty hopes fade as Zambia’s PF takes lead
Higher royalties in Zambia look likely to stay after votes counted so far in a presidential by-election give the lead to the Patriotic Front's Edgar Lungu.
Crunch time for Resgen’s $400m debt talks
Resource Generation puts development at its Boikarabelo project in abeyance as it waits on "protracted" discussions with a potential consortium of lenders.
Acid test for DRDGold as Ergo FFG re-starts
DRDGold said its high grade gold re-treatment technology would be re-started by the weekend - a development that will test the virtue of some R600m in outlay.
ContiCoal bid, would be “great outcome”
A $75m bid for Continental Coal's subsidaries by Ivory Mint would be "a great outcome", says the business practitioner presiding over the firm's business rescue.