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Optimum secures R2.2bn in credit

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Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.

Malema snubs mining forum

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ANC Youth League president Julius Malema has snubbed the Mining for Change forum by not turning up to deliver his address as keynote speaker.

Impala weighs Leeuwkop decision

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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

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BHP Billiton has told parliament the company is committed to South Africa and that its ongoing investment in the country is proof of that.

Zimbabwe seeking readmission to LBMA

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Zimbabwe is seeking readmission to the London Bullion Market Association, according to a report by Zimbabwe's Herald.

‘Stingy’ AngloGold can pay more

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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.

S&P warns on Anglo debt risk

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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.

CoM, Sasol query climate change plan

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The Chamber of Mines and Sasol have expressed reservations about the government's main climate policy paper, with industry-specific reduction targets a key concern.

Shabangu in charm offensive

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Mines Minister Susan Shabangu is putting a lot of faith in upcoming new legislation to cure the country’s mining ills. She also says she’s not losing sleep over nationalisation.

Australia passes landmark carbon tax laws

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Australia's parliament has passed laws that impose a price on carbon emissions in one of the biggest economic reforms in a decade.