Oppenheimer exit looks like genius in mining slump
The sale by the Oppenheimer family of their 40% stake in De Beers in 2011 looks like a stroke of genius given how far mining shares have since sunk.
South32 delivers $81m cut in net debt
South32 cut net debt and said that a review of its manganese ore operations in South Africa was nearing completion.
Acacia Mining directors take 10% salary cut
The Tanzanian gold miner also reduced its gold price assumption for reserves to $1,100/oz as it prepares for "a lower gold price environment".
Assore books R71m write-down on iron ore
A 38% decline in the price of iron ore had forced Assore to register a write-down on its investment portfolio despite a 25% decline in the rand's value.
Callide sale small strategic victory for Anglo
Yet analysts continue to be critical of the UK group saying its $2bn asset sale plan should be doubled in order to lasso net debt.
RBCT lowers horizon on future coal exports
Richards Bay Coal Terminal said it would be unlikely to export more than 85 million tonnes of coal in the foreseeable future.
Impala facing rights issue if slump persists
Impala Platinum's balance sheet may be under fresh pressure if current platinum prices were to be maintained for another year.
Rockwell in fresh round of restructuring
Rockwell Diamonds is to shut its Johannesburg office, send senior management to the Northern Cape operations, and curtail more production.
Keaton to ride out storm in troubled coal sector
Keaton Energy CEO, Mandi Glad, said the firm would survive the downturn in the coal sector, especially following its streamlining.
Harmony Gold thrives as rand raises margin
Harmony Gold's operating margin would have increased 27% were the current rand gold price applied to its September quarter figures.