TFR’s Gama to cover for ‘seconded’ Molefe
Siyabonga Gama, Transnet Freight Rail boss, is made acting CEO of Transnet while incumbent, Brian Molefe, works in "secondment" at Eskom.
Tribunal gives nod to Sibanye Cooke 4 restructure
South Africa's Competition Tribunal approves the restructure of Cooke 4 by Sibanye Gold which said it could now derive a R50m profit from the asset.
SA gold miners wrestle with housing targets
South African gold miners spent R1.5bn improving living conditions for employees but it's not enough for the government which believes the sector has failed.
Gold miners in re-think as investors bristle
Lawsuits brought by shareholders against gold companies is one manifestation of the need for the world's miners of the metal to restructure.
Brian Molefe appointed acting CEO of Eskom
Brian Molefe, CEO of Transnet, has been appointed acting CEO of Eskom, the state-owned power utility.
Mwana makes progress on nickel, gold costs
Mwana Africa said it had reined-in costs at its gold and nickel operations in Zimbabwe amid persistently difficult revenue conditions.
Prudent Wescoal investors take bid to heart
Shareholders in Wescoal believe it's prudent to have their interests protected as the South African coal junior space could become lively in time.
SA parliament mum on MPRDA limbo
A third of the year has passed and yet the Mineral Resources & Petroleum Development Amendment bill has yet to be revisited by anyone in parliament.
Evraz Highveld slides into business rescue
Attempts to stage an operational turnaround at the steelmaker fail as it announces it has run out of funds and will go into voluntary business rescue.
Amplats spin-off given short shrift
The prospect of Amplats listing its non-core assets in a partial unbundling has been questioned by a UK analyst who said investors would be foolish to buy it.