Analysts grapple with Glencore
Mining analysts will spend another day in briefings with Glencore executives, seeking to understand a business that is simultaneously a commodity trader, miner, as well as an investor.
Metorex gives Ruashi clean bill of health
The transformer issues at Metorex’s flagship mine are a thing of the past, enabling the group to deliver while copper is trading at record highs, says management.
New energy plan finalised by April
The Integrated Resource Plan, which will determine the country's electricity mix over the next 20 years, will be passed into law by the start of April, says a goverment official.
Good times return for Merafe
Merafe is back in the black as good times return for the ferrochrome sector, but the company faces major funding commitments to pay for planned expansions.
Glencore ‘in talks with China, Qatar’
Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the LSE, according to a report.
Keaton raises R65m with share issue
Keaton Energy has raised R65m by issuing new shares for cash, intended mainly to pursue opportunities presented by the recent acquisition of Leeuw Mining.
Aurora given another reprieve
The liquidation case involving Aurora Empowerment Systems has been postponed to the end of the week, says an official.
Police pounce on Van Kerrebroeck
The South African Police Force has arrested a 32-year old man - believed to be alleged company hijacker Dennis Van Kerrebroeck - in connection with diamond theft.
ICT spills beans on Kumba’s green record
Diesel, used oil and other motor vehicle waste products have polluted groundwater at the Sishen mine for years, according to court documents submitted by ICT.
Strike, stoppages smack Northam earnings
Northam Platinum, hit by labour action and safety-related stoppages, has reported a drop in first-half profit and says the outlook is challenging.