Kumba seals R2.5bn tax deal with SA Revenue Service
KUMBA Iron Ore completed another important stride in derisking its business agreeing to a R2.5bn tax dispute with the South African Revenue Service (SARS).
The...
Sibanye lifts equity in Stillwater deal to R17bn amid debt fears
SIBANYE Gold is to increase the equity portion of its $2.2bn (R29.5bn) bid for Stillwater to more than half the total following meetings with...
Wescoal opens bidding for Keaton with R525m cash and share offer
WESCOAL Holdings is to bid shares and cash worth R525.6m for Keaton Energy in its effort to establish itself as an eight million tonne...
DRDGold to extend Ergo 15 years in R507m expansion
DRDGOLD will spend about R507m in order to access additional mineral reserves identified in a pre-feasibility study of its surface gold tailings east of...
Glencore due for re-rate after “no surprises” output numbers
GLENCORE delivered production numbers in line with guidance with key metals copper and zinc down year-on-year owing to production cuts, while coal was also...
Harmony pays dividend but CEO collects flak for Hidden Valley
HARMONY Gold is to pay a 50 South African cents per share dividend after another robust set of results in which it whittled net...
Illegal sit-in at Randgold’s Tongon ends after ‘settlement’
AN illegal sit-in at the premises of Randgold Resources' Tongon mine in Côte d’Ivoire had ended following a settlement, the details of which were...
Centamin delivers ‘stellar’ dividend as Sukari beats guidance
CENTAMIN capped a good year paying a 13.5 US cents per share final dividend, described by Investec Securities as "stellar", and taking the full...
NUM to call national coal strike after bust-up with Chamber
THE National Union of Mineworkers (NUM) is to embark on a national strike in the coal sector following the disintegration of discussions in which...
Shareholders throw weight behind Banro $207.5m refinance
BANRO Corporation, a Toronto-listed gold producer operating in the Democratic Republic of Congo (DRC), has unveiled a radical recapitalisation of the business in which...