Aurora broker an ex-convict – report
The middleman in several deals between Chinese companies and Aurora Empowerment Systems director Khulubuse Zuma is a convicted murderer, reports the Mail & Guardian.
Gold One makes up for target misses
Gold One International has bucked the prevailing negative mood on the JSE after posting positive production figures for its December quarter.
Northam halts operations following fatality
Northam Platinum says an employee has died in a tramming accident at its Zondereinde mine.
Hostile bids set to rise in 2011
Hostile takeover bids are likely to multiply in 2011, as companies aggressively look for value despite notable failures and delays in completing recent unsolicited deals.
Eskom pushes for coal regulation
Eskom CEO Brian Dames has repeated the power utility's call for urgent coal export restrictions, suggesting a formula-based export quota for miners.
ArcelorMittal close to Aperam listing
ArcelorMittal is set to list its stainless steel unit Aperam at the end of January or in early February, according to sources.
Eskom warns of looming power squeeze
Eskom CEO Brian Dames says the lack of new power stations may finally catch up with South Africa in 2011.
Indian state firm targets SA resources
India’s state-owned MMTC is setting up shop in South Africa, with its sights firmly on securing coal and other commodities for the country’s resource-hungry economy.
Tata Steel majority holder in Nippon JV
Tata Steel will hold 51% in its joint venture with Japan's Nippon Steel, aiming to produce 600,000 tonnes a year of cold rolled automotive sheet steel.
RBCT stockpiles ‘almost depleted’
South Africa has joined coal exporters facing shipment delays after three derailments on the line from mines to Richards Bay Coal Terminal brought stocks to very low levels, says industry sources.