Petmin to continue share buy-backs
Petmin turned in solid interim results with its share gaining heavily, but the firm still believes ahead of an asset unbundling that the stock is under-valued.
Lonmin to lose turnaround expert Viljoen
Lonmin suffers a blow as its COO Johan Viljoen resigns less than a year after taking up the challenge of the group's operational turnaround.
Harmony delivers Kusasalethu miners safely
The gold producer said all 486 miners were returned to surface safely, but the suspension of mining is another blow to the operation.
AngloGold claims ‘intense competition’ for mines
AngloGold Ashanti said asset sales were progressing citing 'intense competition' from among conventional and non-conventional players seeking access to gold.
Fears over 486 as fire hits Harmony mine
A fire had trapped some 486 workers underground at Harmony's Kusasalethu mine although 287 were safe in the mine's refuge bays.
Northam finds 500koz/year in growth
Northam is out of the running for Amplats' Rustenburg mines but it has organic, low-cost growth approaching 500,000 ounces.
AMCU to get foothold at Northam mine
Northam pin-points labour relations as complex and an operating risk just as AMCU wins recognition rights at the firm's key Zondereinde mine.
Eskom softens coal crisis stance
Eskom has softened its stance on the likelihood that South Africa is facing a coal supply cliff owing to a reduction in electricity demand, and improved contracting.
Sibanye may build R3bn power plant
Sibanye Gold said power disruptions owing to Eskom load-shedding had forced it to consider building a R3bn solar-power plant or a coal-fired power station.
DRD shares 6% lower despite green-shoots
Investors took a dim view of DRDGold skipping the dividend despite the fact it de-leveraged its balance sheet and showed evidence of an operating turnaround.