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Petmin to seek upside in spot market

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Petmin is about to ditch its policy of locking all sales into supply agreements, saying it wants to cash in on higher spot prices for the anthracite it produces at Somkhele mine.

ArcelorMittal to buy stake in Thai firm

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ArcelorMittal, the world's largest steel company, is to take a 40% stake in Thai steel maker G Steel for $250m, reports the Bangkok Post.

New energy plan finalised by April

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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.

Metorex gives Ruashi clean bill of health

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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.

Analysts grapple with Glencore

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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.

Good times return for Merafe

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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.

Strike, stoppages smack Northam earnings

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Northam Platinum, hit by labour action and safety-related stoppages, has reported a drop in first-half profit and says the outlook is challenging.

ARM confronts Nkwe over platinum rights

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ARM CEO Andre Wilkens says his company and partner Anglo Platinum are going to court to obtain a ruling on who owns the prospecting rights to the Modikwa Deeps.

Police pounce on Van Kerrebroeck

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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.

Aurora given another reprieve

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The liquidation case involving Aurora Empowerment Systems has been postponed to the end of the week, says an official.