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Joemat-Pettersson doubts R1-trillion nuclear cost

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South Africa energy minister, Tina Joemat-Pettersson, had no idea how a R1-trillion price tag had been attached to the country's nuclear power ambitions.

Sibanye would hike debt R9bn to fund future

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Neal Froneman, CEO of Sibanye Gold, said he would take debt to R10bn from the current R1.7bn in a combination of organic and acquisition growth opportunities.

AMSA to cut 400 jobs, widens business review

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ArcelorMittal South Africa confirms plans to retrench jobs at its Vereeniging Works and plans to broaden its business review to Vanderbijlpark.

Atlatsa still in financial limbo

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Atlatsa is still not in a position to publish its interim financial results as discussions on its future continue with Anglo American Platinum

Universal spurns takeover offer from IchorCoal

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ASX-listed coal junior Universal has advised shareholders to reject the takeover offer from IchorCoal saying it would benefit IchorCoal at Universal's expense

Lonmin CEO calls for decisive government action

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Lonmin CEO Ben Magara has called for decisive action from government to help deal with the grim situation facing the platinum mining industry.

International Ferro Metals goes into business rescue

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Ferrochrome producer International Ferro Metals SA has gone into business rescue and there will be repercussions for Pan African Resources

BHP Billiton bucks the trend

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BHP Billiton has increased its total dividend with CEO Andrew Mackenzie pointing out cyclical volatility is to be expected in the commodities business

Roger Kebble’s death marks the end of an era

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Those who knew Roger Kebble agree he was the "real deal" as a hard core gold miner but opinion is split over his involvement in son Brett's shenanigans.

AngloGold Ashanti to buy back $810m in bonds

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AngloGold Ashanti is looking to save up to $69m in interest charges over the next year through buying back its outstanding 8.5% bond issue early.