Ex-Amsa boss leads R244m Universal Coal deal
Nonkululeko Nyembezi-Heita, CEO of IchorCoal, has taken a R244m bet on Australian coal producer and developer, Universal Coal which supplies coal to Eskom.
DRDGold pays dividend as recovery awaited
DRDGold looked past its recent flotation fine grind commissioning woes paying "a small dividend" and saying it was making progress in solving the R600m project.
VMR won’t follow ContiCoal rights issue
The clean-out of assets at Village Main Reef continues with the investment firm passing up the chance to invest more funds in Continental Coal.
Refinery workers strike over wages, polygraphs
More than 300 employees at Rand Refinery are currently on strike after negotiations over higher wages and the banning of polygraph tests deadlocked.
Pan African warns on dividend
Pan African Resources said it may cut its dividend to UK investors as low grades at its Evander operations hurt profits
Implats sets sights on 850koz growth target
Impala Platinum has targeted production of 850,000 ounces a year from its Lease Area saying it needs more, not less, labour.
CoAL, Grindrod settle Matola deal
Coal of Africa will pay $10m to settle liabilities related to a take-or-pay agreement with two Grindrod subsidiaries until the end of December 2016.
Lonmin ramp-up ‘better than planned’
Lonmin added that speculation that it was planning to retrench 5,700 jobs was also "without foundation".
Judge orders Aurora players to pay up
Liquidators of Pamodzi Gold have won their first court order to reclaim money from parties related to Aurora Empowerment Systems.
Miner recalls the day the earthquake struck
The 5.3 magnitude earthquake on August 5 was described by AngloGold CEO Srinivasan Venkatakrishnan as among the most terrifying of his life.