SA gold mines “mired in crisis” says JP Morgan
The beneficial effect of the collapse in the rand against the US dollar is not going to be enough to save South Africa's gold mines this time around.
Gold producers make third attempt to end pay impasse
South Africa's major gold producers have revised their wage offers once more offering higher entry-level wages in a bid to avert an industry-wide strike.
Aquila seeks ‘judicial review’ after appeal fails
After 20 months, mines minister Ngoako Ramalthodi rejects Aquila Steel's appeal over manganese mining rights - a development that will take both to court.
ANC policy review to test limits of SA mining
The ANC's National General Council will discuss policies related to mining that continue to stretch the limits of what the sector can feasibly provide the economy.
Harmony to “cure” price deficiency in New York
Harmony Gold is to consider the merits of a reverse stock split in order to keep its shares trading on the New York Stock Exchange following a 64% value decline.
11 mining firms join list of polluters: CER
20 mining companies failed to honour environmental obligations showing that the JSE's Socially Responsible Investment Index was not fit for purpose.
Amplats, Sibanye agree R4.5bn Rustenburg sale
Sibanye Gold enters the platinum industry offering to pay R1.5bn upfront either in shares or cash whilst Amplats gets 35% of cash flow generated after capex.
Amplats in fresh round of Atlatsa re-financing
Amplats said it would refinance Atlatsa's Bokoni Mines ahead of selling its 49% stake while Lonmin had not triggered a pre-empt over the Pandora joint venture.
Platinum deficit to be higher in 2015
The deficit in the world platinum market would widen further in 2015 than previously anticipated, said the World Platinum Investment Council.
Glencore to axe debt $10.2bn, cuts dividends
Glencore to cut its next two dividends and issue equity in an effort to cut cash out by $10bn and lower net debt to the low $20s bn to protect its credit rating.