Lonmin playing “game of chicken” with market
Analysts think Lonmin has the least flexibility of its peers and will almost certainly end up a smaller company, especially whilst it holds back on refinancing.
Molefe on course to make Eskom move permanent
Brian Molefe acknowledged the final decision regarding his full-time appointment at
Eskom lay with the president, and public enterprises minister, Lynne Brown.
Tharisa hopes interim profit is shape of future
Tharisa produced its first headline earnings despite lower prices and chrome output and said it was targeting debt which had topped $99m.
Amplats to post 20% interim earnings lift
Anglo American Platinum would report interim share earnings of more than 20% on an improved operational performance.
Mwana board ends week of ruction in simpatico
Mwana Africa's newly constituted board reflected a company at peace with itself following a week in which directors were ousted.
Zim chrome miners welcome export reform
Chrome miners in Zimbabwe welcomed the lifting of an export ban but conditions in the sector were still very challenging.
Petmin unveils R350m Somkhele BEE deal
Petmin will sell a fifth of its cash cow, Somkhele anthracite mine in KwaZulu-Natal to the local community and employees for R350m.
IchorCoal in R128m swoop for ContiCoal
Relief for Absa and EDF Trading as Germany's IchorCoal swoops on the Penumbra and Vlakvarkfontein coal mines of Continental Coal.
Mpinga falls on sword after Mwana board ouster
Kalaa Mpinga vacates leadership of the company he founded 12 years ago after shareholders owning 5% of firm successfully win support of Chinese investors.
Venkat declares AngloGold debt drive complete
Srinivasan Venkatakrishnan, CEO of AngloGold, said $820m from the sale of its CC&V mine to Newmont had put the firm's balance sheet back on track.