Off The Wires

Pan African could expand beyond SA

0
Pan African Resources could expand its operations to beyond South Africa's border provided it can get to grips with its balance sheet.

Universal Coal in record Kangala output

0
Universal Coal produced 172,000 tonnes of coal from its Kangala colliery in February, record output at the Mpumalanga province operation.

Endeavour lifts stake in Legend Gold

0
Endeavour Mining said it had bought 2.5 million shares in fellow West African gold development firm, Legend Gold, taking its stake in the firm to 18.75%.

BHP’s Mackenzie fearful of iron ore glut

0
Andrew Mackenzie, CEO of BHP Billiton, said he was fearful of capital waiting in the wings for further iron ore expansion.

Sibanye “not keen” on Impala’s Marula

0
Sibanye Gold was interested in more "meaningful" platinum assets than Marula, the platinum mine Impala Platinum said it wanted to sell.

Nene declines to name asset sale targets

0
Nhlanhla Nene, South Africa finance minister, declined to name the government-owned non-core assets that could be sold to recapitalise Eskom.

Resgen unveils members of finance ‘club’

0
Resource Generation has responded to "numerous inquiries" regarding bankers with which it was hoping to raise the $400m balance for its Boikarabelo project.

CoM welcomes Nene’s focus on SA mining

0
The Chamber of Mines welcomed comments by finance minister Nhlanhla Nene that the mining sector must get "on the front foot" nationally and internationally.

SA sets aside R5bn for mining, technology

0
South Africa finance minister, Nhlanhla Nene, set aside R5bn of the country's R1.24 trilliion budget to mining and technology industries.

Amplats, Sasol handed emissions exemption

0
Anglo American Platinum, Sasol and Eskom have been granted a five-year exemption from minimum emission standards by the South African government.