Northam net cash R3bn after BEE approved
Paul Dunne, CEO of Northam Platinum, said it was an advantage the group beefed up its balance sheet following the 'unheard of' support for its BEE deal.
SA sceptical LBMA system will influence gold
South African economists and gold producers said it was unlikely the gold price would be positively influenced by the LBMA electronic gold price fixing platform.
Challenger shale gas interest ‘undiminished’
Challenger Energy said it was progressing its exploration application for shale gas in the Karoo notwithstanding the withdrawal earlier this week of Shell's interest.
Radebe’s Mmakau blocking Exxaro coal deal
Bridgette Radebe, executive director of Mmakau Mining, is doing all in her power to oppose Exxaro's R4.9bn play for Total Coal SA.
Nkosi to step down as Exxaro CEO
Sipho Nkosi is expected to step down as CEO of Exxaro Resources after more than eight years in charge of the coal, iron ore and mineral sands company.
South32 may restructure Eskom contracts
Graham Kerr, CEO-elect of South32, may restructure coal supply agreements with Eskom in order to finance extensions at the Khutala and Klipspruit colleries.
Motsepe issues Zambia royalty warning
Patrice Motsepe, executive chairman of African Rainbow Minerals, said changing the rules midstream, as Zambia has done with royalties, was "a no-no".
South32 adopts 40% earnings payout policy
South32, to be demerged from BHP Billiton, would adopt a dividend cover approach as it sought a strong credit rating and targeted acquisitions.
Bakgatla may be kingmaker for Union sale
The Bakgatla-ba-Kgafela, a community in South Africa's platinum rich North West province, will exercise a pre-emption over Amplats' Union section.
ARM shows platinum ambition in Implats deal
African Rainbow Minerals said it was interested in other platinum deals as it seals the extension of its Two Rivers joint venture with Impala Platinum.