Exxaro to revise GMEP after latest Eskom snafu
Exxaro Resources said it would revise the configuration of its R10bn Grootegeluk expansion following the delay in synchronisation of Eskom's Medupi power station.
Transnet says won’t budge on Glencore tariff
Transnet chief negotiator on rail tariffs said Glencore was just trying to get the government firm to compensate it for the decline in the coal price.
Assmang hooks ferroalloys smelter
Assmang, a joint venture between ARM and Assore, is to bring the curtain down on its last ferroalloy smelter in Machadodorp following a strategic review.
Platinum buyers seek to limit SA output risk
Royal Bafokeng Platinum CEO, Steve Phiri, made the alarming observation that his clients were buying recycled material because SA production was too risky.
Glencore lifts payout in show of confidence
Glencore improved the year-end payout to shareholders despite acknowledging the commodity market had not recovered as quickly as some expected.
Merafe keeps payout momentum with 20c div
However, the ferrochrome producer acknowledged it was more vulnerable than most in terms of Eskom power interruptions.
Rand papers over cracks of SA’s gold stocks
The December quarter was another difficult period for Harmony Gold with 30% of its mines losing cash while other gold stocks also struggled despite the weak rand.
Platinum CEOs say mechanisation not a panacea
Mechanisation, whilst the mining method of the future, is not the panacea for all mines, say CEOs from Impala Platinum and Anglo American Platinum.
Anglo net debt may spur Amplats sales
Amplats seems to have upped the pace on its divestment programme, an interesting development that may be spurred by Anglo's concern with net debt.
China’s Baosteel takes SA Govt to court
A series of delays in hearing a dispute over overlapping prospecting rights will see mines minister Ngoako Ramatlhodi face his first court challenge.