Merafe keeps payout momentum with 20c div
However, the ferrochrome producer acknowledged it was more vulnerable than most in terms of Eskom power interruptions.
Rand papers over cracks of SA’s gold stocks
The December quarter was another difficult period for Harmony Gold with 30% of its mines losing cash while other gold stocks also struggled despite the weak rand.
Anglo net debt may spur Amplats sales
Amplats seems to have upped the pace on its divestment programme, an interesting development that may be spurred by Anglo's concern with net debt.
Platinum CEOs say mechanisation not a panacea
Mechanisation, whilst the mining method of the future, is not the panacea for all mines, say CEOs from Impala Platinum and Anglo American Platinum.
China’s Baosteel takes SA Govt to court
A series of delays in hearing a dispute over overlapping prospecting rights will see mines minister Ngoako Ramatlhodi face his first court challenge.
Implats unveils sweeping 5-year restructure
Impala Platinum has unveiled a four-year restructuring of its Rustenburg mine in which it would merge shafts, slow development of another, and halve capex.
Pan African rebuts claim Shanduka interferes
Pan African delivered interim figures as per market expectations but had to bat away questions about the influence of BEE partner, Shanduka in its affairs.
SA miners slapped with electricity levy hike
Intensive energy users face an additional levy as the South African government studies loopholes - a tax that will stay in place until the carbon tax is instituted.
AMCU agreed to centralised gold wage talks
The Association of Mineworkers & Construction Union agreed to centralised bargaining in the gold sector this year when it signed recognition agreements.
DRDGold hoping to win back value investors
Improving the share price and growing DRDGold turns on winning back the interest of value investors, and that means operating consistency.