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Lonmin thinking twice about growth plans

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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.

Northam gets R1bn credit facility

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Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.

Harmony ‘not ready’ to sell PNG assets

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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.

BHP sees shale gas capex over $4bn in 2012

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BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.

Metorex gives Jinchuan deal update

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Metorex has given an updated timeline for the conclusion its proposed takeover by China's Jinchuan group.

ANC slams Sexwale’s testimony

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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.

De Beers, Zim diamond feud gets nasty

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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.

Codelco says an Anglo suit could last years

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Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.

Glencore to buy Mercuria stake

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Glencore, the Swiss trading house, has entered into an agreement to buy Mercuria Energy Asset Management's 5% stake in Optimum Coal Holdings.

DRDGold’s Blyvoor out of financial distress

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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.