CoAL Chapudi deal extended again
CoAL of Africa's efforts to land its $85m Chapudi coking coal deal from Rio Tinto have been frustrated again.
Wescoal sells plant in restructure
Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.
Orkney’s new knight in Chinese armour
The first of 2,500 laid-off workers at Pamodzi Gold’s Orkney mine may be back at work by the end of October if the court this week approves the R150m buyout offer.
Volumes, prices to boost Impala earnings
Impala Platinum is expects its full year earnings to be significantly higher, as dollar prices for metals increased and sales volumes improved.
Sishen showdown set to commence
The dispute over Kumba Iron Ore’s Sishen mine will come to a head from Monday when the protagonists square off in court over a 21.4% right in a world-renowned mineral asset.
Rockwell plans to up its technical game
Rockwell Diamonds CEO James Campbell is on a mission to improve the company's technical ability for the recovery of diamonds, before embarking on major new expansion projects.
Sales of BEE shares worrying, says Xingwana
The selling of mining shares granted to blacks is undermining transformation, says Minister of Women, Children and People with Disabilities Lulu Xingwana.
Write-down hurts Aquarius Platinum
A strengthening in the value of the rand, and non-cash write-downs at its Blue Ridge operation, took Aquarius Platinum to a full-year net loss despite better production and higher revenue figures.
Labat investor seeks $2m from Aurora
A $2m investment intended for JSE-listed IT firm Labat Africa has found its way to the bank coffers of Aurora Empowerment Systems, reads a company statement.
Gold Fields makes hay of price spike
Gold Fields has significantly benefitted from the rising gold price during the June quarter, managing to translate a 5% production increase into 15% earnings growth.