Randgold “still scrambling” at Obuasi
Randgold Resources CEO, Mark Bristow, said it was impossible yet to call whether the UK firm would take on the joint recapitalisation of AngloGold's Obuasi.
Glencore $25bn debt target draws cautious praise
Analysts welcomed Glencore's target of $25bn in net debt by year-end, but they said progress had to be underpinned by sustained operational cash flows.
Lonmin rights offer a folly, say analysts
In the absence of its ambitious platinum price forecast materialising, Lonmin's $400m rights offer may just lead to further, more serious, turmoil in the future.
AngloGold ordered to reinstate 579 AMCU workers
AngloGold is studying its options after the Labour Court said it should reinstate more than 500 workers unfairly dismissed at its Moab Khotsong mine.
Mining leaders worry Phakisa is just talk
South African mining leaders are concerned the government's latest intervention, Operation Phakisa, will add more verbiage to the garbage heap.
SA mining boards meet charter targets: PwC
PwC said that South Africa's mining sector had met its employment equity targets at board level in terms of the mining charter ... but only just.
DMR haggling prolongs Kumba, SIOC saga
The South African government has imposed conditions before it will bring the Kumba, Sishen Iron Ore imbroglio to an end.
Lonmin to write down assets by $2.1bn
Lonmin said it had made progress on its plans to retrench 6,000 jobs and said assets had been revalued to between $1.6bn and $1.8bn.
AMCU gold strike could sound NUM death-knell
Don't be surprised if the once mighty National Union of Mineworkers collapses completely within the next six months as it battles AMCU.
Optimum may extend Hendrina coal supply
Optimum Coal has offered to continue supplying Eskom's Hendrina coal mine beyond November whilst the Mpumalanga colliery undergoes business rescue.