South32 cuts SA aluminium output
South32 has cut back on aluminium production as well as ferromanganese output as it focusses on improving its financial performance.
Bristow on gold, retirement, and living to work
Mark Bristow runs one of the world's most successful gold companies in Randgold Resources, but the sector in which it operates is broken, he says.
Sibanye signs wage accord but AMCU stays out
Despite extending the negotiation period Sibanye has been unable to convince AMCU to sign a wage deal and has settled with the other unions instead.
Lonmin announces radical restructuring and fund raising plans
Beleaguered miner plans to raise around $770-million in debt and equities while closing shafts and
shedding around 6000 jobs in an effort to cut costs.
JP Morgan “encouraged” by Lonmin plans
Lonmin shares stayed in positive territory in trading on the JSE today as investors digested the new business plan and funding strategy.
Northam applies wage deal at Booysendal
Northam Platinum has applied a wage deal between its mining contractor and unions, including AMCU, at its Booysendal mine.
AEMFC to extract improved Eskom terms
South Africa's African Exploration & Mining Finance Company provides further support that selling coal to Eskom is more profitable than exporting it.
RBPlat slashes capital spend in third quarter
Royal Bafokeng Platinum delivered on cuts to stay in business and expansionary capital, but investors brought its recent share run to an end.
Froneman keeps door ajar on future deals
Sibanye Gold's new business team are juggling three deals worth R9bn, but the firm's CEO, Neal Froneman, hasn't entirely abandoned further corporate activity.
Anglo director backs Glasenberg to bounce back
Jim Rutherford, non-executive director at Anglo American, believed Glencore's under-fire lead, Ivan Glasenberg, was "a strong character".