DRDGold pays out to the hilt
DRDGold CEO Niel Pretorius has delivered on the promise made in February that the dump retreatment company would be an “aggressive” dividend payer with...
Eskom slugs it out with National Treasury
The confrontation between Eskom and the National Treasury over coal contracts with Tegeta – a company controlled by the Gupta family – intensified today...
Grindrod makes Richards Bay coal breakthrough
Freight services and shipping group Grindrod has made a critical breakthrough for its fledgling RBT (Navitrade) coal export terminal at Richards Bay by negotiating...
Northam Platinum reckons the metal will boom again
South Africa’s mines will produce perhaps 4 million ounces (moz) of platinum in total this year compared with a peak output of 5.5m oz...
ANC defies Zuma on constitutionality of MPRDA
THE African National Congress (ANC) was going against president Jacob Zuma’s reservations about the constitutionality of the Mineral and Petroleum Resources Development Amendment (MPRDA)...
South32 pays maiden dividend as sees out market crisis cash flush
CREATED in the teeth of the commodity price meltdown, South32 offered a glimmer of its future potential paying a maiden 1 US cent a...
Sibanye to weigh platinum mines as safety stoppages hit viability
SIBANYE Gold said it was studying the viability of operations held in its newly acquired Aquarius Platinum following the issuance of safety-related stoppages, the...
World wants platinum, says Northam’s Dunne of R7bn plan
DOUBLING production at a cost of R7bn in the platinum sector may seem a demonstration of extreme optimism, but Northam Platinum CEO, Paul Dunne,...
Glencore to reinstate dividend in 2017 as hammers net debt
GLENCORE said there was "every likelihood" it would reinstate the dividend next year after a 12-month operating and balance sheet restructuring it which it...
The DMR hits back on safety stoppages
The Department of Minerals and Resources (DMR) has hit back at the mining industry over the issue of Section 54 work stoppages following a report...