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Sentula raises R740m senior debt facility

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Sentula Mining has announced that it has received final credit approval for a facility in the amount of R740m from a consortium of financial institutions to refinance the group's existing senior debt facility and provide liquidity to the group.

DRDGold hints at demerger plan

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DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.

Kumba livid over new ICT application

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Kumba Iron Ore has accused the department of mineral resources of acting unlawfully and maliciously for accepting a mining rights application from ICT over Sishen mine.

Steel price hike announced

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THE base list price of all general flat and long steel products will increase from February, says ArcelorMittal SA.

Tata to keep Riversdale stake

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India's Tata Steel says it will not let go of its holding in Mozambique-focused Riversdale Mining, calling it a strategic stake.

New twist in Nkwe rights saga

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Nkwe Platinum claims to have won the backing of the Bengwenyama community in a new prospecting application, but the community denies this.

GFMS: Gold may reach $1 600

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Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.

Flood affected coal line to reopen

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Australia's most flood-affected coal rail line may be reopened as early as next week, says operator QR National.

India weighs Riversdale bid

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An Indian consortium of five state-run firms will meet next week to decide on a counter offer for Riversdale Mining.

Coal railings back to normal, says Transnet

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Transnet Freight Rail says its coal line service is back to normal, adding that its catch-up in clearing the backlog of coal railings remains on track.