Gold Fields in R688m tax dispute with SARS
A creditable operating performance in the third quarter by Gold Fields was drowned out as another legal tussle is added to the group's corporate struggles.
WCC planning $140m export coal mine
Waterberg Coal Company said it was preparing to unveil details of a $140m coal export mine from its property in the Limpopo province.
Bristow lends Rockwell $1.1m helping hand
Mark Bristow, CEO of Randgold Resources, will become a major shareholder in Rockwell Diamonds after accepting $1.1m in convertible debentures in the firm.
Keaton to pay dividend, warns of project delay
Keaton Energy generated tons of coal and cash in the half year lowering net debt and giving itself room for dividends, but its Moabsvelden project could be delayed.
Lonmin may need “drastic action” to pay debt
The UK platinum producer had a slew of debt due in 2016 which would require production cuts to service unless the platinum price improved significantly.
Council to lobby central banks to adopt platinum
The World Platinum Investment Council wants central banks to adopt platinum as a reserve asset and convert Chinese jewellery owners into platinum investors.
AngloGold demerger may be revisited
AngloGold may have set the ball rolling on cost-cutting in South Africa, but further out, mine closures and even more profound restructuring may be required.
Atlatsa gets R422m capital lift from Amplats
The volatile platinum market may see Atlatsa Resources require additional funds from its shareholder for certain capex and working capital at Bokoni Mine.
Vedanta has cracked Gamsberg: Kumar
Gamsberg is low-grade and contaminated, but Vedanta has 'cracked' the issue of manganese contamination, says Africa base metals CEO, Kishore Kumar.
Sibanye restructure held up by commission
Sibanye Gold will first have to prove to the Competition Commission that it is not in contravention of a two-year moratorium on job losses owing to the merger with Cooke assets.