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ContiCoal bid, would be “great outcome”

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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

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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’

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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

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

Matona blames crisis on deferred maintenance

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South Africa was paying the price for failing to maintain its plants from about 2009 and that load-shedding was imminent and would continue for "a long time".

Metallon targets 150,000 oz for 2015

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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.

PTM to seek Waterberg investors

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Canada's Platinum Group Metals said it would talk to its partners and third parties regarding investment in its Waterberg extension project.

Northam wins interdict against NUM strike

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Northam Platinum urged workers on an unprotected strike at its Zondereinde mine to return to work in a turn of events that is full of ominous portent.

Beacon Hill investors in uproar over failure

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Private investors in Beacon Hill Resources say the company's management could face a class action after failing to study their proposal to save the company.

Plaudits & raspberries 2015: the favourites

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Already Tshediso Matona is getting heat after Eskom said it may return to load-shedding. Who else is in the firing line or will attract the ticker tape in 2015?