Lonmin slashes capex 26%, borrowings rise
The UK firm said its borrowings would increase owing to smelter downtime, but added it would honour its debt covenants despite tough market conditions.
Glencore may cut capex $2bn to protect dividend
Glencore may have to cut up to $2bn in capital expenditure to preserve its credit rating and cover its dividend, analysts said.
Glencore cuts SA coal by 5mt as prices bite
Glencore is to cut thermal coal output from Optimum Coal by at least five million tonnes a year as coal prices bit deep causing "ongoing financial hardship".
Anglo impairs assets amid sharp price declines
Anglo American would impair assets for its 2014 financial year, especially bulk commodity prices, amid a sharp retraction in prices during the period.
Sasol delays GTL, ups R4bn savings plan
Sasol planned to better its planned R4bn in sustainable savings by 2016 in response to lower international oil prices.
Sibanye Gold targets 1.67m oz for 2015
Sibanye Gold produced record quarterly output in the fourth quarter taking full-year production to guidance of 1.59 million ounces.
Diamond price weakness ‘short-lived’
Analysts said the recent pull-back in diamonds would be short-lived adding that Petra Diamonds and Anglo American were buying opportunities.
Sable Mining clinches Liberia rail deal
UK-listed Sable Mining has signed a rail use agreement with Liberia allowing it to transport iron ore from its project in Guinea to a port in the west African country.
Oil price heaps pressure on Sasol
Petrochemical giant Sasol is one of the companies not benefiting from the decline in the price of oil with its dividend most under threat.
Amplats future shinier after 2014 earnings pain
Anglo American Platinum is to report a hefty headline earnings decline, but analysts said 2015 looked like being a more positive year for the Anglo vassal.