Illegal miner dies at Grootvlei
A man has died while he was mining illegally in Springs, east of Johannesburg, says Gauteng police.
Optimum Coal confirms bid interest
Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties.
Optimum Coal shares climb as Glencore circles
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
A body representing the largest consumers of electricity says Eskom's inflated tariffs will negatively affect the economy.
Nationalisation not a cure-all for SA’s ills
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.
Earnings growth drives Implats dividend
Impala Platinum has rewarded shareholders with a 46% increase in its total dividend, in line with headline earnings growth of 41%.
Strikes helping Eskom
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.
Glencore sees opportunities in volatility
Commodities trader Glencore has posted a 50% rise in first-half profit and says it sees potential opportunities emerging from the current market turbulence.
Optimum Coal in major refinancing
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.
Shabangu condems Hawks raid
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".