Metorex gives Jinchuan deal update
Metorex has given an updated timeline for the conclusion its proposed takeover by China's Jinchuan group.
Northam raises R1bn loan for Booysendal
Northam Platinum has made sure it can fund the construction of its new Booysendal mine to completion by negotiating a R1bn credit facility with Nedbank.
Lonmin hits sales target, boosts earnings
Lonmin says earnings have risen 59%, despite a strike at its Karee operations that forced it to cut output targets and drove up unit costs.
Harmony ‘not ready’ to sell PNG assets
Harmony Gold says it has received a number of proposals from parties interested in acquiring its assets in Papua New Guinea, but it is not ready to sell.
Lonmin thinking twice about growth plans
Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.
Northam gets R1bn credit facility
Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.
De Beers, Zim diamond feud gets nasty
De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.
ANC slams Sexwale’s testimony
The ANC's national disciplinary committee has slammed the testimony provided by Human Settlements Minister Tokyo Sexwale at ANCYL leader Julius Malema's disciplinary hearing.
Codelco says an Anglo suit could last years
Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.
SA economy needs coal policy: Manuel
Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.