Transnet takes loco capital spend to R46bn
Transnet raised R12bn from a club of South African banks and investors as part of its 1,064-strong locomotive capital programme.
Steenkamp crazy to have taken Harmony job?
Harmony's Graham Briggs insists the firm is in good shape, but analysts think his successor, Peter Steenkamp, has a job of work on his hands.
Keaton content to sit out market torpor
Keaton Energy booked a steep loss for the first half of its financial year but said it had flexibility that positioned it well to sit out difficult market conditions.
Green light for Lonmin $407m rights offer
Lonmin's $407m rights offer received the green light from shareholders following an annual general meeting in London.
Relieved Magara commits to stem Lonmin outflow
Ben Magara, CEO of Lonmin, said the company had done the right thing and would be cash flow neutral in three years at current spot prices.
Gold Fields in Damang recap poser
Gold Fields produced a solid quarter as its Australian assets showed up, but the re-engineering of South Deep and the future of Damang weigh.
South32 shutters SA manganese pending review
South32 said it would keep its manganese mines in South Africa's Northern Cape closed following a fatality this month until it had completed a strategic review.
Eskom may divert Medupi coal to Hendrina
Brian Molefe, CEO of Eskom, floated the idea of accepting coal from Exxaro's Grootegeluk mine destined for Medupi and diverting it to Hendrina power station.
ETF liquidations soar since Lonmin rights offer
Up to 14% and 18% of total platinum and palladium-backed exchange traded funds were liquidated since Lonmin unveiled a $408m rights offer on November 9.
Eskom’s Majuba silo collapse a ‘design fault’
The collapse of a coal silo at Majuba power station was judged to be a design fault with no negligence imputed to the either the engineers or constructors.