Iron ore outlook colours Kumba R6bn write-down
Kumba Iron Ore impaired its Sishen iron ore mine by R6bn - a decision partly informed by the significant impact of weaker iron ore prices this year.
Resgen acrimony as A$2.3m director fees quizzed
Resource Generation is to study its legal options in respect of A$2.3m in termination benefits paid to two former executive directors including Paul Jury.
Sibanye sees margin lift for 2016 output
Sibanye Gold said it would produce 1.61 million ounces of gold at a total cash cost margin of 38% should the current rand gold price persist.
Zimplats calls for urgent dialogue over rights
Zimplats is seeking "constructive dialogue" with Zimbabwe's government over an end-March deadline to transfer 28,000 hectares worth of mineral rights.
Weak rand to add billions to miner revenues
The slide in the rand will add billions of rands to the revenues of some of South Africa's mining firms with analysts marking the currency for further weakness.
‘Neutral’ Lonmin shows $120m Q1 cash outflow
Shares in Lonmin were untroubled as the market absorbed first quarter output figures. A worry, however, is another cash outflow, this time totalling $120m.
SA mining reports lowest fatalities ever in 2015
The South African mining industry said there had been 77 fatalities among its ranks in 2015 - the best safety record since the dawn of the industry.
Kumba axes 3,933 in bid to stay afloat
The unremittingly weak iron ore price has finally closed in on Anglo American's Kumba Iron Ore which is cutting jobs and reducing output.
Gold Fields’ South Deep heads for Q1 break-even
Better-than-expected production and an increase in the rand gold price could see Gold Fields' South Deep project break-even much sooner than forecast.
First Quantum Zambia power crisis eases
First Quantum Minerals said water levels at Lake Kariba would be recharged taking the pressure off its Kansanshi and Sentinel copper operations.