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PIC defends Lonmin stake in Parliament

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The Public Investment Corporation defended its decision to take its stake in Lonmin up to about 30% saying it was keeping its eye on long-term prospects.

Amplats spells out full impact of 2015 pain

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Anglo American Platinum numbered the write-off of Atlatsa loans and restructuring costs as among the most damaging to its 2015 full-year figures.

Implats 14 shaft shut after fatal fire

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UPDATED - Impala Platinum confirms four deaths at 14 shaft which will be shut following a meeting with mines minister, Mosebenzi Zwane.

Oppenheimer exit looks like genius in mining slump

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The sale by the Oppenheimer family of their 40% stake in De Beers in 2011 looks like a stroke of genius given how far mining shares have since sunk.

South32 delivers $81m cut in net debt

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South32 cut net debt and said that a review of its manganese ore operations in South Africa was nearing completion.

Acacia Mining directors take 10% salary cut

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The Tanzanian gold miner also reduced its gold price assumption for reserves to $1,100/oz as it prepares for "a lower gold price environment".

Assore books R71m write-down on iron ore

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A 38% decline in the price of iron ore had forced Assore to register a write-down on its investment portfolio despite a 25% decline in the rand's value.

Callide sale small strategic victory for Anglo

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Yet analysts continue to be critical of the UK group saying its $2bn asset sale plan should be doubled in order to lasso net debt.

RBCT lowers horizon on future coal exports

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Richards Bay Coal Terminal said it would be unlikely to export more than 85 million tonnes of coal in the foreseeable future.

Impala facing rights issue if slump persists

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Impala Platinum's balance sheet may be under fresh pressure if current platinum prices were to be maintained for another year.