Gold choppy, but safe bet in long term
The outlook for gold would remain choppy, analysts said, with repeated liquidations, but in the long-term the metal would serve as a base to offset broader economic risks.
First Uranium on the ropes
First Uranium was against the ropes and any further operational slippage "brings the canvas into view" according to RBC Capital Markets analyst Leon Esterhuizen.
Dismay at platinum sector pressure
The rollercoaster performance of South Africa's platinum stocks may reflect the view towards equities in general but the platinum market suggests evidence of a growing deficit.
Eskom strike would be illegal – spokesperson
A strike by Eskom employees would be considered illegal as the power utility is deemed an essential service, an Eskom spokesperson said.
Ipsa’s Earl calls it quits
Peter Earl, CEO of Ipsa, is stepping down from executive duties at the company after helping found the company six years ago.
Iron ore steady ahead of steel uptick
Steel production was likely to tick up in September and October in China with iron ore prices holding steady in the meantime, traders said.
Zimbabwe turns up the heat on Zimplats
The Zimbabwe government has threatened to cancel Zimplats mining licence in the latest bout of "sabre rattling" over the country's indigenisation requirements for mining companies.
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.
Froneman nets R11m in ‘retention fee’
Gold One CEO, Neal Froneman, also praises shareholders for recognising the value of the firm's combination with the Chinese.