Pt may stage short-lived rally to $1,600/oz
Standard Bank said the price of platinum could rally in the absence of a wage deal, but generally speaking the metal would bump along the bottom for 2014.
LRA missing strike ballot amendment
Secret strike ballots were removed from the Labour Relations Act amendments, but they would in retrospect have been a crucial inclusion.
Kalahari delay, write-offs lay Metmar low
Shares in the commodities trading and investment firm slid nearly 10% as write-downs and project delays hit the company hard.
Exxaro has cause to rethink $20bn target
Exxaro Resources is now worth a little under $5bn when once it targeted growth to $20bn. Is the company re-setting its sights amid a commodity climb-down...?
NAMF in crisis talks to save $120m fund
The New Africa Mining Fund is in talks that could result in a restructure of its second $120m venture capital fund.
MPRDA bill chops ‘developmental pricing’
South Africa's Chamber of Mines welcomed the MPRDA Amendment Bill and said it had negotiated developmental pricing for domestic supply out of the legislation.
Sibiya stops short of apology as CCMA fumes
Bheki Sibiya, CEO of the Chamber of Mines, declined to publicly apologise for off-the-record comments made by his chief negotiator about the CCMA.
ARM relies on ferrous metals for profit surge
Iron ore and manganese accounted for 92% of the two-thirds surge in headline earnings of African Rainbow Minerals while its platinum assets also contributed.
Exxaro collects R1.6bn from Eskom, lifts div
The performance of Exxaro's key coal division was heavily influenced by R1.6bn in penalties paid by Eskom, with another similar payment likely this year.
Glasenberg to weigh SA listing in 18 months
Glencore Xstrata would wait for up to 18 months before assessing whether its debut in Johannesburg had been a success with investor take-up currently low.