Implats bid R20bn for BRPM
UPDATED: Implats offered to buy the Bafokeng Rasimone Platinum Mine for almost R20bn before the deal was scuppered by AngloPlat, says a Royal Bafokeng executive.
Demand for Kruger rands soars
Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.
Gold price to consolidate, for now
Gold prices have edged lower, pressured by a rebound in the dollar, and may enter a phase of consolidation after a record-breaking rally.
RBH flays AngloPlat for vetoing deal
Royal Bafokeng Holdings has sharply criticised AngloPlat for blocking the sale of Bafokeng Rasimone Platinum Mine, saying the major's conduct is indicative of a "tick the box" compliance mentality.
Forsaken mines to receive R40bn repair
Rehabilitating South Africa's 6 000 derelict and ownerless mines will take 28 years to complete at a cost of R40bn, parliament hears.
Export price declines may sharpen coal shares
Despite perennial problems, coal mines can be great investments - if you get them at a decent price.
Randgold in R310m gold shares payout
Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.
Impala likely to revisit RBPlat bid
Royal Bafokeng Platinum says its listing plans will resume after a failed takeover attempt. Analysts say, however, a new bid is due eventually.
RBPlat listing back on track
The listing of Royal Bafokeng Platinum is back on track after the group rejected an earlier offer to sell its majority stake in Bafokeng Rasimone Platinum Mine.
Report leaks smelters’ power secrets
In a legal wrangle to disclose the cost at which Eskom supplies power to BHP Billiton's aluminium smelters, a court is told that BHP's Hillside is the world's cheapest producer.