Trans Hex expects swing to profitability
Trans Hex has advised it expects to post a swing in its interim earnings back to a profit on the back of improved production and increased sales.
Shabangu woos China
Mineral Resources Minister Susan Shabangu has assured potential Chinese investors that South Africa offers a competitive mining sector.
ANC wraps up Malema hearing, to rule this week
The African National Congress will announce its decision this week on disciplinary charges against its youth leader, Julius Malema, says a senior official.
Harmony reports Kusasalethu fatality
Harmony Gold has suspended operations at its Kusasalethu mine after an employee was killed in an accident.
Amplats in R3.5bn community plan
Anglo American Platinum says it will implement a R3.5bn deal that will give 2.33% of the group to communities where it operates.
Wescoal goes to court over wind-up request
Wescoal has applied to the North Gauteng High Court to set aside an application for the winding up of the company.
Oppenheimers sell out of De Beers
After more than a century's involvement in diamonds, the Oppenheimer family is to bid goodbye to its 40% stake in De Beers after it accepted a $5.1bn offer from Anglo American.
Carroll rules out De Beers IPO
UPDATED: Anglo American’s dilemma with Codelco has no bearing on its decision to buy-out the Oppenheimers’ stake in De Beers. It also has no intention to list the diamond miner, says the company.
The Oppenheimers eye new projects in Africa
Nicky Oppenheimer has no intention of leaving the $5.1bn he will get from Anglo American for De Beers in the bank. He and son Jonathan intend using some of the proceeds to go mining in Africa.
Pleming to help launch global fund
David Pleming, who carved a name for himself dominating the investment analyst rankings, is to help launch a US-domiciled hedge fund.