Anglo Plat averts strike, lost output
Anglo Platinum says its production targets are safe from strike action after the company signed 8% to 10% wage deals with unions.
Zimplats wrangle descends into farce
Zimbabwe's empowerment minister strikes an isolated figure as the ability to impose indigenisation is questioned by the country's own ministers.
SA gold reserves increase 13% to $7.3bn
The 13% increase in the spot price of gold contributed to a surge in South African foreign reserves in August, the Reserve Bank said in a statement.
Blackthorn keen on Glencore JVs
Blackthorn Resources, an Australian company operating in Africa, said it would sign up for more joint ventures with Glencore in the African zinc industry.
Mugabe stands firm on indigenisation
Platinum and diamond miners hoping for wriggle room in indigenisation talks with Zimbabwe were reminded by the country's president there would be no change in the policy.
Sallies gets approval for $2.8m loan
Shareholders in Sallies approved $2.8m loan to help bolster the recommissioning of its Witkop mine.
Eskom, Transnet to keep public service role
Transnet and Eskom would not be restructured, nor placed in private hands, said public enterprises minister, Malusi Gigaba.
Namibia approves Gold One deal
A deal to secure a major Chinese shareholder was a step closer for Gold One today after Namibia gave the thumbs up to proposed transaction.
SA half-year gold output stable
South African gold production for the first six months of this year was only 1% down on output for the corresponding period last year, the Chamber of Mines said.
Firestone raises R12.6m in share issue
Firestone Energy has issued 9.6% of its share capital and ceded rights to underground gasification on tenements owned by it and Sekoko Resources in an effort to further fund its Smitspan project.