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Supply tight as Eskom battles wet coal

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Eskom says it has put measures in place to protect stocks from rain, but warns SA's power supply remains tight.

You pays your money and takes your choice

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Differing opinions are what create markets and two top investment firms have come up with very different recommendations on which platinum shares to buy.

ArcelorMittal sees slow steel recovery

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Demand for steel in the developed world will only return to pre-crisis levels in 2015, says ArcelorMittal chair Lakshmi Mittal.

Jubilee buys stake in IPP

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Jubilee Platinum has bought a 51% stake in an independent power producer for R27.5m

Optimism grows over Harmony’s PNG bonanza

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An update from Harmony’s Papua New Guinea-based operations underscores their potential to boost a lacklustre share.

Ian Cockerill’s punt on Liberia

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Petmin's investment in an iron ore project in Liberia links it to AIM-listed Hummingbird Resources, with Ian Cockerill chairman of both companies.

Furnace pains put damper on IFM sales surge

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International Ferro Metals says quarterly sales of ferrochrome have doubled, but warns its production will be hampered by furnace problems for the rest of the year.

Petmin to finance Liberian exploration

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Petmin has agreed with Hummingbird Resources to provide $2m for the exploration of Hummingbird’s iron ore-rich Ginka licence area in Liberia.

Gold skims 10-week low

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Gold has fallen to its lowest price levels in ten weeks, putting the metal on course for its worst monthly performance since 2009 as safe-haven demand evaporates.

Rio Tinto closes in on Riversdale

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So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.