Diamond fortunes central to Anglo’s future
Following the $5.1bn purchase of the Oppenheimer family stake in De Beers, the
fortunes of the diamond market has become a priority for Anglo American.
Sibanye reserves intact despite gold turmoil
Sibanye Gold says the current gold price will not affect the value of its stated ore reserves.
Draft released for indigenisation step change
Zimbabwe's government has confirmed it is developing amendments to its
indigenisation policy so that foreign miners will no longer be compensated for
ceding majority shares to locals.
BHP, Eskom in tussle over environmental levy
BHP Billiton is not prepared to continue paying the environmental levy for the
power its Southern African aluminium smelters consume, says Eskom.
Northam working again
Northam Platinum has recommenced mining operations after reaching an
agreement to resolve an unprotected strike which has cost the miner R192m in
revenue.
Eastplats halts CRM funding
Eastern Platinum has suspended the development of its Crocodile River Mine,
citing a host of factors.
Forevermark: De Beers’ great retail ambition
De Beers' executive Stephen Lussier wants the Forevermark to become a foremost
brand in jewellery - an ambition the group has the market savvy to foster.
RBPlats bounces on positive production report
Royal Bafokeng Platinum has closed almost 5% higher following the release of a favourable quarterly production report.
SA shares may restate reserves after gold ‘hit’
The price of gold is expected to recover following an orchestrated hit a week ago, but it's less clear what lies in wait for South African gold equities.
Amplats figures highlight need for rightsizing
Based on Anglo American Platinum's first quarter production figures, the importance of finding a way forward with the restructuring of the company cannot be overstated.