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Pan African will protect rights in IFM rescue

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Cobus Loots, CEO of Pan African Resources, said he would protect the firm's contract to treat the tailings of International Ferro Metals now in business rescue.

VW fallout ‘greatly over-stated’ for platinum

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The World Platinum Investment Council said there was as much upside as downside following the Volkswagen scandal on diesel engine autocatalysis.

Downgrades for miners as tailspin set to persist

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Earnings downgrades of major mining companies is inevitable as there's no evidence yet of the sector pulling out of its tailspin.

Transnet takes loco capital spend to R46bn

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Transnet raised R12bn from a club of South African banks and investors as part of its 1,064-strong locomotive capital programme.

Steenkamp crazy to have taken Harmony job?

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Harmony's Graham Briggs insists the firm is in good shape, but analysts think his successor, Peter Steenkamp, has a job of work on his hands.

Keaton content to sit out market torpor

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Keaton Energy booked a steep loss for the first half of its financial year but said it had flexibility that positioned it well to sit out difficult market conditions.

Green light for Lonmin $407m rights offer

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Lonmin's $407m rights offer received the green light from shareholders following an annual general meeting in London.

Relieved Magara commits to stem Lonmin outflow

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Ben Magara, CEO of Lonmin, said the company had done the right thing and would be cash flow neutral in three years at current spot prices.

Gold Fields in Damang recap poser

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Gold Fields produced a solid quarter as its Australian assets showed up, but the re-engineering of South Deep and the future of Damang weigh.

South32 shutters SA manganese pending review

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South32 said it would keep its manganese mines in South Africa's Northern Cape closed following a fatality this month until it had completed a strategic review.