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Resgen acrimony as A$2.3m director fees quizzed

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Resource Generation is to study its legal options in respect of A$2.3m in termination benefits paid to two former executive directors including Paul Jury.

Sibanye sees margin lift for 2016 output

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Sibanye Gold said it would produce 1.61 million ounces of gold at a total cash cost margin of 38% should the current rand gold price persist.

Zimplats calls for urgent dialogue over rights

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Zimplats is seeking "constructive dialogue" with Zimbabwe's government over an end-March deadline to transfer 28,000 hectares worth of mineral rights.

Weak rand to add billions to miner revenues

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The slide in the rand will add billions of rands to the revenues of some of South Africa's mining firms with analysts marking the currency for further weakness.

Kumba axes 3,933 in bid to stay afloat

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The unremittingly weak iron ore price has finally closed in on Anglo American's Kumba Iron Ore which is cutting jobs and reducing output.

‘Neutral’ Lonmin shows $120m Q1 cash outflow

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Shares in Lonmin were untroubled as the market absorbed first quarter output figures. A worry, however, is another cash outflow, this time totalling $120m.

SA mining reports lowest fatalities ever in 2015

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The South African mining industry said there had been 77 fatalities among its ranks in 2015 - the best safety record since the dawn of the industry.

First Quantum Zambia power crisis eases

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First Quantum Minerals said water levels at Lake Kariba would be recharged taking the pressure off its Kansanshi and Sentinel copper operations.

Gold Fields’ South Deep heads for Q1 break-even

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Better-than-expected production and an increase in the rand gold price could see Gold Fields' South Deep project break-even much sooner than forecast.

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.