JP Morgan “encouraged” by Lonmin plans
Lonmin shares stayed in positive territory in trading on the JSE today as investors digested the new business plan and funding strategy.
AEMFC to extract improved Eskom terms
South Africa's African Exploration & Mining Finance Company provides further support that selling coal to Eskom is more profitable than exporting it.
Northam applies wage deal at Booysendal
Northam Platinum has applied a wage deal between its mining contractor and unions, including AMCU, at its Booysendal mine.
RBPlat slashes capital spend in third quarter
Royal Bafokeng Platinum delivered on cuts to stay in business and expansionary capital, but investors brought its recent share run to an end.
Froneman keeps door ajar on future deals
Sibanye Gold's new business team are juggling three deals worth R9bn, but the firm's CEO, Neal Froneman, hasn't entirely abandoned further corporate activity.
Anglo director backs Glasenberg to bounce back
Jim Rutherford, non-executive director at Anglo American, believed Glencore's under-fire lead, Ivan Glasenberg, was "a strong character".
Anglo dividend policy questioned, again
The question of whether Anglo American can or should pay a dividend has resurfaced now the furore over Glencore's debt issues has quietened.
Mathunjwa delivers rebuff to Phakisa
Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union, said his organisation would not attend government's Operation Phakisa.
Raising cash “extremely awkward”: Goodlace
Impala Platinum CEO, Terence Goodlace, said it was "extremely awkward" raising money into today's market and productivity was becoming an "urgent" problem.
Godsell critical of Ramatlhodi, Zwane change
Former AngloGold CEO, Bobby Godsell, said it was "a very strange time" to have replaced Ngoako Ramatlhodi with the relatively unknown Mosebenzi Zwane.