Rockwell to mothball Tirisano amid cash burn
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.
Gemfields attracting interest from retailers
International jewellery retailers were looking to buy a piece of Gemfields following its proposed takeover of historic brand Faberge, CEO Ian Harebottle said.
Eskom reprises power buy-backs with Xstrata
The Xstrata-Merafe Chrome Venture has agreed to idle 25% of its production as Eskom seeks capacity to continue R35bn maintenance plan.
PTM adds lustre to bruised SA platinum
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.
SA coal price spurt lowers RBCT stocks
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.
AngloGold investment grade upheld by S&P
AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.
Govts of China, SA unite in R5.3bn Palamin bid
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.
The rollercoaster career of Neal Froneman
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.
Govt unveils ‘radical’ plan to reshape SA coal
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.
Implats rejects Zim delay tactics, amends deal
Implats says leaked papers are "an internal discussion" on indigenisation and that it has amended its proposal to vendor-finance the sale of Zimplats.