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ContiCoal flags new R876m bid for SA mines

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Continental Coal said it had received a bid of R786m from a new buyer but added that its planned A$35m rights offer had been heavily reduced to A$4m.

Mwana not dysfunctional amid director row

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Mwana Africa CEO says board will continue to function despite petition against the firm by shareholders against the reappointment of four non-executive directors.

Beacon Hill to run out of cash in days

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Rowan Karstel, CEO of Beacon Hill Resources, said the company only had enough cash to last it to mid-January after shareholders voted down a funding plan.

Zimplats Bimha to adopt new mining method

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Zimplats, which is 87% owned by Impala Platinum, said it would adopt a new mining method at Bimha following the collapse of the shaft last year.

Rockwell unveils C$28.5m diamond deal

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Rockwell Diamonds delivered on long-standing promises to capitalise on growth by consolidation unveiling a deal with a neighbour in the Northern Cape.

Minister: splash to follow substance?

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Ngoako Ramatlhodi made an immediate impact after taking up the mines portfolio in May, but questions continue about how he will press on in 2015.

Gold, platinum firms brandish axe

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South Africa's gold and platinum firms forced to cut production or sell assets with perhaps more restructuring to come in 2015.

Metal prices were like a car wreck

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The hope is that 2014 represents a low for commodity prices which had many-a CFO anxiously pouring over covenant triggers.

Aussie gold juniors battle in South Africa

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ASX-listed Stonewall Resources and Mintails are having a tough time of it at their respective South African gold mining operations.

Gold bugs be of good cheer

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Gold guru Martin Murenbeeld's Christmas message to investors is positive and he thinks he's being unduly conservative in his outlook.