JP Morgan calls metals higher
It's looking good for commodities according to JP Morgan as investment demand, economic stimulus packages and renewed inflation are expected to drive up prices across the board next year.
Early blow to SA coal exports this year following TFR train...
SOUTH Africa's coal exports were again interrupted after two trains collided on Sunday, said News24.
Transnet Freight Rail (TF), a division of state-owned ports and...
CoAL to raise another $40m in debt
Coal of Africa is close to finalising a new $40m debt facility, but will need to raise more funds to pay for its short and medium term growth plans.
Cockerill takes helm at Endeavour after CEO dismissed for “serious misconduct”
ENDEAVOUR Mining announced Ian Cockerill would take over running of the company after firing its CEO of seven years Sébastien de Montessus for "serious...
Resource disputes reach decade-high amid mineral scramble
DISAGREEMENTS between governments and investors over natural resources have surged to a 10-year peak, with 32 disputes already lodged this year, said Reuters citing...
Wescoal doubles interim earnings
Wescoal has reported an interim diluted headline earnings increase of 141%.
AngloGold to raise $2.1bn, float NewCo
AngloGold Ashanti is to raise $2.1bn in a rights issue and the partially demerge its international assets leaving a local company free to invest in other commodities.
Harmony to target debt before deals; rules itself out of Acacia
HARMONY Gold had prioritised paying down debt among its capital allocation plans, but said that once it had achieved this - probably by the...
CoM confirms NUM pondering 8% wage offer
The Chamber of Mines said the union was weighing an offer but plans for a profit share system had been rejected.
RBM may fall into China’s lap if Rio proceeds with swap...
RICHARDS Bay Minerals could fall into Chinese hands if majority shareholder Rio Tinto offers the titanium miner as part of an asset for shares...