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Transnet roll-out a reminder the pain will stop

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Transnet has increased its infrastructure roll-out to R337bn even though the mining industry it is supposed to support continues to reel under market forces.

Anglo maintains interim dividend, cuts staff 46%

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Anglo American unveiled a brutal 46% reduction in employee numbers in order to save $300m of a $500m cost saving drive over and above productivity targets.

Exxaro BEE in R400m loan deal to pay lenders

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The decline in Exxaro's shares and income has forced its 52% empowerment partner to seek a R400m loan to settle part of a R3.8bn preference share facility.

Lonmin woe one of many pickles in the debt jar

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Miners are struggling to tap capital markets because it's so hard to tell which way the wind is blowing, although Lonmin may have left a rights issue too late.

Mining shares capitulate on day of heavy selling

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A difficult day for the major mining shares in a selling action described by analysts has "a capitulation" as market prices outweighed efforts by management.

Anglo sells Tarmac for $1.6bn

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Anglo American provided some cheer in a taxing month saying it had sold a stake in Tarmac for $1.6bn in a move that may even secure the interim dividend.

South32’s Kerr wants to grow SA coal business

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Although minor contributors to group value, South32's South African coal assets form the foundation of a growth business.

Exxaro faces series of strategic brain-teasers

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Empowerment and decisions over investments in Moyoko, Tronox and TCSA have made 2015 a year of delicate decision-making for Exxaro Resources.

Bad day at the office for SA mining shares

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AMCU took gold producers a step closer to strike action, iron ore tumbled 10% to play havoc with Kumba and ARM, and Lonmin hit it lowest level in five years.

Kerr unfazed by South32 one-fifth value loss

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Graham Kerr, CEO of South32, said disappointed expectations for certain metals were behind the one-fifth climb-down in the company's share price.