AngloGold raises $1.58bn to close hedge book
AngloGold Ashanti has exercised an over-allotment option on its share and bond issue to help raise an overall $1.58bn to close its hedge book.
Optimum Coal sues Eskom
Optimum Coal has taken Eskom to arbitration in a bid to cancel the supply contract between the Optimum Colliery and Eskom's Hendrina power station because of a dispute over coal quality.
Optimum Coal suffers profit slump
Optimum Coal Holdings has been hit by lower export prices for coal and the stronger rand.
Workers refuse to surface at AngloPlat mine
Temporary workers at Anglo Platinum's Rustenburg mine are refusing to come out from underground.
AngloGold Ashanti to speed up growth
AngloGold Ashanti intends using the extra $600m it will earn in free cash flow annually through removing the gold hedge to speed up its growth projects, two of which are in South Africa.
AngloGold Ashanti to eliminate hedge book
AngloGold Ashanti is to raise around $1.5bn through the issue of shares and convertible bonds and will use the proceeds to knock down its remaining gold hedge book.
Pipeline to boost DRDGOLD resource
Junior gold miner DRDGOLD says a pipeline and plant expansion project at its Ergo and Crown operations would up its potential resource.
Resgen secures offtake from coal mine
Resource Generation took an important step forward in developing its Boikarabelo coal mine in the Waterberg after signing an offtake agreement.
Eskom: Medupi has not been delayed
Eskom has dismissed claims that SA faces a dire situation because of delays with the Medupi power station.
DRDGold unveils R300m Ergo proposal
DRDGold is to spend R300m gaining access to the Ergo mine dumps that will take total surface resources to 600 million tonnes.