Amplats’ Moosa ‘ashamed’ of AMCU strike
Valli Moosa, chairman of Anglo American Platinum, delivered a frank opinion of the platinum sector strike and said the industry had to be entirely modernised.
BEE audit finalised “next year”: Ramatlhodi
South African mines minister, Ngoako Ramatlhodi, said an audit into the mining charter would be ended early next year.
Cutifani warns against MPRDA adjustments
Mark Cutifani, CEO of Anglo American, said development pricing and changing BEE targets would be adding a layer of risk international investors will not accept.
Glencore could find hostile Rio bid a tough ask
Analysts believe Glencore will have to persuade all shareholders to back it in a bid for Rio Tinto as a hostile offer is beyond even the derring-do of Ivan Glasenberg.
Glencore steps back from Rio merger plan
Glencore said that it was not currently pursuing a tie-up with Rio Tinto but confirmed it had made an "informal inquiry" by telephone in July.
Amplats to study bids for Union this month
Anglo American Platinum said it would evaluate bids for Union this month and added that ramp-up in output following AMCU's strike was virtually complete.
White Rivers Exploration plans JSE debut
Privately-owned White Rivers Exploration is to explore for gold in the Beisa reef in the Free State province with Harmony Gold and wants to raise capital in a listing.
Question mark hangs over Lonmin future
Johannesburg's platinum stocks have all been battered in the last 45 days, but it's the full extent of metal price weakness on Lonmin that is the most engaging.
Amplats plans R2.5bn output lift at Mogalakwena
Anglo American Platinum said it would spend up to R2.5bn taking its Mogalakwena mine and refining facilities to 420,000 oz/year of platinum.
SA gold shares halt only temporary
After seven months of improvement, the Johannesburg gold index came to a shuddering half in September ... but the correction is only temporary analysts say.