Eskom tariff hike the ‘tipping point’ for SA mining
South Africa's Chamber of Mines has called on the country's government to mull a traditional recapitalisation as another tariff hike was a tipping point for the sector.
SEC recommends no action against Gold Fields
The US Securities Exchange Commission has recommended no action be taken against Gold Fields for a R2.1bn, South Deep BEE deal.
Molefe keen on scrapping cost plus coal mines
One of the changes Eskom acting CEO, Brian Molefe, would implement is to scrap the cost plus coal mine in favour of putting coal supply to Eskom out to tender.
Legal hitch confounds DMR, CoM court bid
A joint court application by the Chamber of Mines and the SA government seeking clarity on BEE deals has been ditched as it didn't meet legal muster.
Lonmin playing “game of chicken” with market
Analysts think Lonmin has the least flexibility of its peers and will almost certainly end up a smaller company, especially whilst it holds back on refinancing.
Tharisa hopes interim profit is shape of future
Tharisa produced its first headline earnings despite lower prices and chrome output and said it was targeting debt which had topped $99m.
Molefe on course to make Eskom move permanent
Brian Molefe acknowledged the final decision regarding his full-time appointment at
Eskom lay with the president, and public enterprises minister, Lynne Brown.
Amplats to post 20% interim earnings lift
Anglo American Platinum would report interim share earnings of more than 20% on an improved operational performance.
Mwana board ends week of ruction in simpatico
Mwana Africa's newly constituted board reflected a company at peace with itself following a week in which directors were ousted.
Zim chrome miners welcome export reform
Chrome miners in Zimbabwe welcomed the lifting of an export ban but conditions in the sector were still very challenging.