Optimum secures R2.2bn in credit
Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.
Cabinet approves beneficiation guidelines
Cabinet has approved implementation plans for the minerals beneficiation strategy, says government spokesman Jimmy Manyi.
Gold Fields delivers record earnings
Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.
Anglo snubs Codelco in $5.4bn Chilean deal
UPDATED: Anglo American has sold a 24.5% share of its Chilean operations in a bid to
negate the eventuality of that country’s state-owned Codelco taking a significant
stake in those assets.
Impala weighs Leeuwkop decision
Impala Platinum is still deciding on whether or not it will press ahead with the R10bn Afplats Leeuwkop project near Brits in the North West province.
BHP affirms SA commitment before MPs
BHP Billiton has told parliament the company is committed to South Africa and that its ongoing investment in the country is proof of that.
S&P warns on Anglo debt risk
Ratings agency, Standard & Poor's, has said Anglo American's debt was at risk if it didn't receive funds from the anticipated deal with Codelco over Anglo American Sur.
Zimbabwe seeking readmission to LBMA
Zimbabwe is seeking readmission to the London Bullion Market Association, according to a report by Zimbabwe's Herald.
‘Stingy’ AngloGold can pay more
AngloGold Ashanti expects to pay a total dividend of almost double 2010’s 145c per share, but an analyst says investors should share significantly more in the spoils of gold's record run.
Malema snubs mining forum
ANC Youth League president Julius Malema has snubbed the Mining for Change forum by not turning up to deliver his address as keynote speaker.