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VMR unmoved by fresh Tau Lekoa bid

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Renewed attempts to prise Tau Lekoa from Village Main Reef has left CEO, Ferdi Dippenaar, unimpressed.

Cutifani to defer on fireworks in Dec 12 update

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Mark Cutifani, CEO of Anglo American, will keep an investor update focused on organisational changes rather than big ticket restructuring plans, analysts said.

Glencore Xstrata integral to SA coal fortunes

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The listing of Glencore Xstrata in Johannesburg affords analysts an opportunity to see with more detail how closely tied up the firm's fortunes are with the economy.

Eskom fears resurface as Dames resigns

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Brian Dames, CEO of Eskom, is to leave the company in March with financial, operational and capacity pressures as omnipresent for the power utility as ever.

Eskom, Anglo to seal deal on New Largo

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Eskom said it expected to clinch a 16mtpa coal supply deal for its R118.5bn Kusile power station with Anglo American's proposed New Largo colliery.

Deloitte detects Govt, industry rapprochement

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The South African government and the mining industry would discover a meeting of minds, said auditor and consulting firm Deloitte.

DEA, Eskom say Kriel crisis preventable

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Eskom and South Africa's environmental affairs department say shutting Kriel power station, which would remove up to 3,000MW of generating capacity, can be averted.

Universal Coal in line for Exxaro’s NCC

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Australia's Universal Coal is one of the companies vying for Exxaro Resources' New Clydesdale Colliery.

Northam tipped to attract claw-back buyers

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Despite its strike troubles Northam Platinum is expected to attract buyers to its R600m claw-back offer although the stake eventually held by Coronation will be interesting.

M&A activity to rebound in 2014: CIBC

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Transaction activity could improve in 2014 owing to price stability, base metal demand in China, and pockets of capital seeking bargains, said CIBC World Markets.