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Wits Gold is an “opportunity” for Sibanye

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Wits Gold could provide an opportunity for Sibanye Gold, the firm created after Gold Fields unbundled its mature South African mines.

Tax talk to dominate Mangaung mines debate

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There's no doubt a tax overhaul will dominate the debate when delegates at Mangaung turn their attention to the country's key economic sector.

Kumba, Amsa agreed one-year iron ore price

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Kumba Iron Ore will supply ArcelorMittal South Africa with 4.8 million tonnes of iron ore at a weighted average price of $65/t, the companies said yesterday.

Aquarius, Implats agree $550m Mimosa sale

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Aquarius Platinum and Impala Platinum have sold just over half of their shares in Mimosa Platinum in line with Zimbabwe's indigenisation law.

Sylvania boss sacrifices 33% of salary

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Sylvania Platinum executives took pain for the team announcing they would forgoe up to a third of their salaries for the remainder of the financial year, ended-June.

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.

Rockwell to mothball Tirisano amid cash burn

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Rockwell Diamonds said it was unable to stem losses at its Ventersdorp alluvial diamond mine, Tirisano, but added funding of its project pipeline remained intact.

PTM adds lustre to bruised SA platinum

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Platinum Group Metals said it would sell shares for $182m ahead of drawing down $260m in finance - enough to fully fund its 275,000 oz WBJV Project One.

Zim shuts Afripalm Resources after Northam failure

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Lazarus Zim sacked employees at the plush Sandton offices of Afripalm Resources following a dire couple of years in which he lost millions in personal fortune.

Eskom reprises power buy-backs with Xstrata

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The Xstrata-Merafe Chrome Venture has agreed to idle 25% of its production as Eskom seeks capacity to continue R35bn maintenance plan.