Gold miners again take to hedging
Gold mining companies in the second quarter reported their first consecutive quarterly net hedging in 10 years, says GFMS and Societe Generale.
Jubilee flogs farm, seeks investor
Anglo Platinum deemed the suitor for minerals owned by Jubilee Platinum's Tjate Platinum Corporation. Jubilee also in talks to attract investor for $650m mine.
Lonmin’s favourable deal on Messina
Lonmin has struck a favourable deal over its mothballed Messina platinum mine, according to JP Morgan Cazenove, but only if Shanduka delivers the goods operationally.
RBCT’s Chirwa set to resign
Raymond Chirwa looks set to relinquish his position at Richards Bay Coal Terminal after just over two years at the helm.
Jindal to build 2,640 MW Moz power plant
Mozambique granted India's Jindal Steel & Power approval to build a 2,640MW coal-fired power plant in the country's Tete province, says the energy ministry.
Aurora directors accused of stalling
The directors of Aurora Empowerment Systems are allegedly delaying the Master's inquiry into their management of Pamodzi Gold's assets, according to the joint provisional liquidators.
Metorex allays Jinchuan pull-out fears
Metorex says its proposed takeover by Jinchuan is proceeding according to plan, despite a drop in its share price on fears the Chinese commodities giant is having second thoughts.
Barrick builds wall around Tanzania mine
African Barrick Gold is building a 14km wall around one of its Tanzanian mines as part of new security measures aimed at preventing future attacks by villagers.
Zuma speaks out on nationalisation
Nationalisation is not policy but a current debate, President Jacob Zuma has said at a business function hosted by newspaper The New Age.
Workers, Chamber to protest over safety
Thousands of mineworkers are expected to down tools over safety on Tuesday, says the National Union of Mineworkers.