More backers for Rio’s Riversdale bid
Global miner Rio Tinto has received acceptances for 30.6% of shares in its $3.9bn takeover target Riversdale.
The return of Siyabonga Gama
Siyabonga Gama has been re-appointed chief executive of Transnet Freight Rail - the organisation from which he was summarily dismissed in June last year.
Great Basin settles notes
Great Basin Gold has repaid its 2008 senior secured notes with the proceeds of a term loan facility from Credit Suisse.
Sierre Leone seeks to revise mining deals
Sierra Leone needs to revise recent large-scale mining leases to get a better deal for its people, says President Ernest Bai Koroma.
Gem to spend $85m on Gope mine
Gem Diamonds has cut the first phase cost of the Gope mine to $85m by going for an underground operation via a decline shaft, instead of developing a traditional open pit mine.
BEE deal opens door for Galaxy Gold listing
Galaxy Gold has cleared a major obstacle which prevented it from listing on the JSE last year, announcing two empowerment transactions.
Diversified miners rake it in
Particularly pleasing aspects of the latest financial reporting season are the excellent performances from South Africa’s diversified miners African Rainbow Minerals and Exxaro Resources.
Japan explosions blast uranium shares
JSE-listed uranium miners have taken a beating following two explosions at Japan’s Fukushima reactor, which have raised fears over future nuclear energy demand.
Perky output may fire up Gold One
An imminent rerating may add some spice to Gold One International’s lacklustre share price performance, following a promising production update by the company.
African Eagle shares on erratic path
Recent erratic movements in the African Eagle share price on the JSE can be attributed to lack of trading liquidity in South Africa compared with the company's main London listing.