Kumba slides on earnings update
Shares in Kumba Iron Ore are under pressure following the release of a disappointing trading update from the Anglo American subsidiary.
Xstrata asks for vote delay on Glencore deal
Global miner Xstrata has asked to postpone the July 12 special shareholder
meeting on its proposed merger with commodities trader Glencore.
Central Rand Gold looks to a second coming
Central Rand Gold may well become a modern-day Lazarus after being left for
dead by the markets barely nine months ago.
Gold Fields on track to achieve guidance
Gold Fields is on track to achieve its ouput guidance for 2012, after producing 862,000 oz of gold during the second quarter.
Aquarius pleads with peers over cutbacks
Aquarius Platinum says it hopes other industry players follow its example and
cut unneeded production.
More delays to mining law revision
A member of parliament’s portfolio committee on mineral resources has poured
cold water on expectations that the long-anticipated revision of SA’s mining
legislation will be finalised by year-end.
DRDGold in R111m bond issue
The JSE has granted DRDGold a listing for a domestic medium-term note
programme, paving the way for the gold miner to raise R111m.
Watchdog approves Petmin’s SamQuarz sale
The Competition Tribunal has approved Petmin’s R259m transaction to dispose
of the SamQuarz silica mine.
Platinum workers dig in uncertainty
The scaling down of operations at Aquarius Platinum’s Marikana Shaft 4 has
brought uncertainty to the local economy of the community where the mine is
based.
Amplats slides on gloomy forecast
Anglo American Platinum says its interim’s earnings will be lower by 20% or
more, sending the group’s shares on a downward slide.