BHP sells Bayside casthouse to BEE firm
BHP Billiton is to sell its Bayside aluminium casthouse to an empowerment vehicle in which semi-fabricator Hulamin has a 40% stake.
Investors last in line as miners toil
A survey by PwC gives further proof that shareholders have been last in line when receiving benefits of mining investment for the last two years.
CRG attracts $148m rival bid from Chinese
In one of the most unusual bidding wars in Johannesburg's gold sector for years, two Hong Kong firms will bid up to $150m for troubled miner Central Rand Gold.
Gold Fields in R688m tax dispute with SARS
A creditable operating performance in the third quarter by Gold Fields was drowned out as another legal tussle is added to the group's corporate struggles.
WCC planning $140m export coal mine
Waterberg Coal Company said it was preparing to unveil details of a $140m coal export mine from its property in the Limpopo province.
Bristow lends Rockwell $1.1m helping hand
Mark Bristow, CEO of Randgold Resources, will become a major shareholder in Rockwell Diamonds after accepting $1.1m in convertible debentures in the firm.
Keaton to pay dividend, warns of project delay
Keaton Energy generated tons of coal and cash in the half year lowering net debt and giving itself room for dividends, but its Moabsvelden project could be delayed.
Lonmin may need “drastic action” to pay debt
The UK platinum producer had a slew of debt due in 2016 which would require production cuts to service unless the platinum price improved significantly.
Council to lobby central banks to adopt platinum
The World Platinum Investment Council wants central banks to adopt platinum as a reserve asset and convert Chinese jewellery owners into platinum investors.
AngloGold demerger may be revisited
AngloGold may have set the ball rolling on cost-cutting in South Africa, but further out, mine closures and even more profound restructuring may be required.