Home News Page 853

News

Oil price heaps pressure on Sasol

0
Petrochemical giant Sasol is one of the companies not benefiting from the decline in the price of oil with its dividend most under threat.

Amplats future shinier after 2014 earnings pain

0
Anglo American Platinum is to report a hefty headline earnings decline, but analysts said 2015 looked like being a more positive year for the Anglo vassal.

Royalty hopes fade as Zambia’s PF takes lead

0
Higher royalties in Zambia look likely to stay after votes counted so far in a presidential by-election give the lead to the Patriotic Front's Edgar Lungu.

Crunch time for Resgen’s $400m debt talks

0
Resource Generation puts development at its Boikarabelo project in abeyance as it waits on "protracted" discussions with a potential consortium of lenders.

Acid test for DRDGold as Ergo FFG re-starts

0
DRDGold said its high grade gold re-treatment technology would be re-started by the weekend - a development that will test the virtue of some R600m in outlay.

ContiCoal bid, would be “great outcome”

0
A $75m bid for Continental Coal's subsidaries by Ivory Mint would be "a great outcome", says the business practitioner presiding over the firm's business rescue.

RBCT wary of 19mtpa expansion plan

0
Richards Bay Coal Terminal said the expansion of its facilities which saw it cross swords with Transnet two years was unlikely to see light of day in the short-term.

Northam suspends Zondereinde amid ‘tension’

0
Northam Platinum has suspended operations at Zondereinde amid mine tension, although CEO, Paul Dunne, says a quick resolution is still possible.

Acacia surpasses 2014 gold output forecast

0
Analysts said Acacia deserved to be re-rated as it turned in another solid quarter of cost reduction and gold production increases.

Metallon targets 150,000 oz for 2015

0
Zimbabwe's largest gold producer, Metallon Gold, said it would produce 150,000 oz of gold in 2015, a 50% increase on output it achieved last year.