Optimum Coal in major refinancing
Optimum Coal is busy restructuring its finances ahead of what looks like a major capital programme to build new mines to maintain and grow production.
Implats stays confident on Zimbabwe
Impala Platinum CEO David Brown remains confident over the future of the group's Zimplats operations, which could transform Impala's future if all goes to plan.
Glencore sees opportunities in volatility
Commodities trader Glencore has posted a 50% rise in first-half profit and says it sees potential opportunities emerging from the current market turbulence.
Rail may be split from Transnet: report
The rail operations of state-owned freight logistics group Transnet may be split into a separate firm, reports Business Day.
BHP posts record profit, boosts dividend
BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.
ANC plans to dig deep on mine overhaul study
The ANC plans to complete by the end of the year a study on how to use its vast mineral wealth to fight widespread poverty.
Mines BEE target met, says Chamber
The Chamber of Mines says black ownership among its members averages 28% and already exceeds state-mandated targets.
Gold slides 3.5% as investors cash in gains
Gold has surrendered gains to fall 3.5%, as above-consensus US economic data lift stock markets.
State reviews penalties on mining charter
Government is reviewing its mining law to strengthen the penalty provisions for non-compliance of the mining charter, says an official.
Dividend bonanza for BHP backers
BHP Billiton has appeased shareholders who are looking for a slice of the diversified miner’s record cash flows, rebasing its final dividend by 22%, paying out 55 US cents per share.