Lonmin thinking twice about growth plans
Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.
BHP suffers second defeat over power prices
A court has refused to grant BHP Billiton leave to appeal against a judgment which forces the group to disclose the prices it pays for electricity at its aluminium operations.
Harmony ‘not ready’ to sell PNG assets
Harmony Gold says it has received a number of proposals from parties interested in acquiring its assets in Papua New Guinea, but it is not ready to sell.
Northam gets R1bn credit facility
Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.
ANC slams Sexwale’s testimony
The ANC's national disciplinary committee has slammed the testimony provided by Human Settlements Minister Tokyo Sexwale at ANCYL leader Julius Malema's disciplinary hearing.
Codelco says an Anglo suit could last years
Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.
De Beers, Zim diamond feud gets nasty
De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.
Nationalisation dead in water: Godsell
Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.
DRDGold’s Blyvoor out of financial distress
DRDGold's Blyvoor underground mine was deemed to be out of financial distress, a judgement that opens the way for Village Main's all-scrip offer unveiled earlier this week.
Zambia to double copper royalties
Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.