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Anglo to sell Lafarge Tarmac JV for $1.5bn

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Anglo American will punch a $1.5bn hole in its debt pile with the sale of its 50% stake in the Lafarge Tarmac joint venture.

Platinum surge on restocking, restructuring

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The platinum price has gained ground in the week following the strike resolution which analysts said was perhaps not entirely unexpected.

Transnet unfazed by downgrades, economic ills

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Transnet would press on with its R300bn expansion programme despite credit downgrades and a shrinking local economy, saying it was investing for a 40 to 50 year cycle.

Petra to earn $10m-$26m on Cullinan find

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Petra Diamonds' recent 122.5 carat find at its Cullinan mine is likely to give its new financial year, which kicks off on July 1, a major boost.

Pallinghurst kept waiting for platinum gap

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Pallinghurst said it would wait for an uptick in the platinum market before listing its Sedibelo Platinum Mines. However, when will that be given the stasis in the platinum price?

Strikes in SA turn more radical

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Strike season is South Africa is normally through the winter months, but they are now becoming more frequent, and more radical.

Equatorial distances itself from Exxaro

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Equatorial Resources sought to put clear blue water between its iron ore project in the Republic of Congo and the venture Exxaro may write down for R5.3bn.

Exxaro to build R3.8bn Belfast coal mine

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Exxaro Resources said it would develop one of the last quality coal resources of South Africa's famed Mpumalanga province with most of the output to be exported.

Keaton sets Moabsvelden as key target

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Keaton Energy said it would pump R300m into the development of its 1.4 million tonne a year Moabsvelden project which would hit full pelt in 2016.

Exxaro facing hefty write-down on Mayoko

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Ambitions to diversify into iron ore production have been dealt a hefty blow after failure to sign a port and infrastructure deal with the Republic of Congo government.