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Gemfields attracting interest from retailers

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International jewellery retailers were looking to buy a piece of Gemfields following its proposed takeover of historic brand Faberge, CEO Ian Harebottle said.

AngloGold investment grade upheld by S&P

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AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.

The rollercoaster career of Neal Froneman

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Neal Froneman, CEO-designate of Sibanye Gold, is back on top in a career where the quality of the highs are only matched by the depth of the troughs.

Govts of China, SA unite in R5.3bn Palamin bid

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The governments of China and South Africa have formed a consortium to bid a hefty premium for the 74% stake in Palabora owned by Anglo and Rio Tinto.

SA coal price spurt lowers RBCT stocks

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South African coal export prices recovered as much as 17% in the last month which contributed towards higher offtake and a lowering in stocks at RBCT, data shows.

Implats rejects Zim delay tactics, amends deal

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Implats says leaked papers are "an internal discussion" on indigenisation and that it has amended its proposal to vendor-finance the sale of Zimplats.

CoAL confirms split with Mapungubwe coalition

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Coal of Africa confirms the Coalition, a grouping of environmentalists opposed to its mining at Vele Colliery in Limpopo province had withdrawn from an agreement.

Govt unveils ‘radical’ plan to reshape SA coal

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More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.

Pallinghurst flies to defence of 10-year plan

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Arne Frandsen, CEO of Pallinghurst, says shareholders understand how the firm is adding value notwithstanding the deep discount at which its shares trade.

SA strike tremors serve as ominous reminder

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Atlatsa said the long-standing strike at its Bokono Mines had ended, but renewed strike ructions serves as reminder of the parlous state of mine labour relations.