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Nationalisation not a cure-all for SA’s ills

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Cosatu has cleared the air about its stance on nationalisation considerably by giving its full support to the views of the National Union of Mineworkers.

Optimum Coal shares climb as Glencore circles

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Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.

Eskom’s ‘overcooked’ tariffs slated

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A body representing the largest consumers of electricity says Eskom's inflated tariffs will negatively affect the economy.

Glencore sees opportunities in volatility

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Commodities trader Glencore has posted a 50% rise in first-half profit and says it sees potential opportunities emerging from the current market turbulence.

Implats stays confident on Zimbabwe

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Impala Platinum CEO David Brown remains confident over the future of the group's Zimplats operations, which could transform Impala's future if all goes to plan.

Earnings growth drives Implats dividend

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Impala Platinum has rewarded shareholders with a 46% increase in its total dividend, in line with headline earnings growth of 41%.

Strikes helping Eskom

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Strikes in the metals and mining sectors and brief snaps of winter have taken significant pressure off Eskom during the coldest months of the year, says CEO Brian Dames.

Shabangu condems Hawks raid

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Mining Minister Susan Shabangu has described the raid on her department and the State Law Advisers' offices by the Hawks last month as "highly irregular".

Optimum Coal in major refinancing

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Optimum Coal is busy restructuring its finances ahead of what looks like a major capital programme to build new mines to maintain and grow production.

Transnet won’t be carved up, says CEO

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Stripping Transnet of its rail infrastructure assets will be "disastrous', while the notion was sending the wrong message to bondholders, says CEO Brian Molefe.