Sterner test awaits Anglo, Eskom coal MoU
The memorandum of understanding for coal supply from Anglo American's New Largo mine to Eskom is progress, but a fully-fledged agreement is still far away.
Mining in film: why box office ratings don’t help
Mining in the popular consciousness is still light years behind modern practices - an impression that doesn't help attract new skills to the sector.
Mining sector’s demographic time bomb
Mining recruitment agencies have been trying to figure out why the sector struggles to attract young professionals to its ranks
Absa seeks business rescue for ContiCoal
South African bank Absa has applied to put Continental Coal in business rescue proceedings despite the Australian firm hoping to sell its operating asset.
Acacia talks up growth as opens new chapter
Brad Gordon, CEO of Acacia Mining, said the company was seeking M&A while assets were cheaper than ever before.
Miner return hopes thwarted by horrid market
Investors in mining will be disappointed by returns offered by the world's largest miners, say analysts who think more capital cuts have to take place.
Gold Fields says AngloGold mine is interesting
Gold Fields identified AngloGold Ashanti's Ghana mine Iduapriem as an example of an asset in which it might have an interest in acquiring.
Equatorial seeks $181m as iron ore stalls
Equatorial Resources has cut capex on its RoC project a fifth with much resting on a mining convention ahead of the tough task of financing the venture.
Petra lines up dividends in $98m BEE refinance
Petra boosts cash flow and lines up the start of dividends this financial year after two banks agreed to finance the firm's BEE partners to the tune of $98m.
Wescoal’s Ramaite in BEE restructure
Shares in Wescoal Holdings worth R28m have been unbundled to its chairman as the firm plans Eskom compliant black economic empowerment.