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Wescoal goes to court over wind-up request

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Wescoal has applied to the North Gauteng High Court to set aside an application for the winding up of the company.

Amplats stops production to highlight safety

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Amplats is to halt production at all of its operations to highlight the importance of safety and to remember colleagues who have lost their lives.

Pleming to help launch global fund

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David Pleming, who carved a name for himself dominating the investment analyst rankings, is to help launch a US-domiciled hedge fund.

Amsa slips into Q3 loss

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ArcelorMittal SA has reported a third-quarter loss due to higher costs and lower steel prices, but says earnings in the following three months will improve

De Beers on the hop over SA ‘exit’

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De Beers Consolidated Mines has told parliament it's not planning to leave South Africa, despite a sell-off of its assets.

CoAL to raise $100m via placing

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Coal of Africa says it plans to raise about $100m in a placing mainly to bring the Vele project into production and to complete the acquisition of Rio Tinto's Chapudi Coal project.

Compromise on Marange diamonds ‘necessary’

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The US has agreed to a compromise allowing Zimbabwe to export diamonds, to prevent the paralysis of the global system for stopping trade in "blood diamonds", says its State Department.

Curtain down on Xstrata coal strike

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Xstrata will receive empowerment credits if it distributes its planned ESOP evenly across all work levels in terms of a strike settlement brokered by government.

Randgold Q3 profit jumps to $122.9m

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Randgold Resources has posted a jump in third-quarter profit from the year earlier on an 80% surge in gold production and higher metal prices.

Anglo, MPs in face-off over BEE targets

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Anglo American’s Godrey Gomwe has told parliament the group has already reached a black ownership target of 26%, and that figures suggesting otherwise were calculated incorrectly.