CoAL, Rio Tinto revisit $30m Chapudi payment
Coal of Africa said it was in "fruitful" talks with Rio Tinto on the "... timing and magnitude" of the Chapudi deal as balance sheet issues become a burning issue.
Eskom says more stations vulnerable to wet coal
Eskom CEO, Brian Dames, identified a number of power stations were wet coal could cause the utility major headaches as it staved off more loadh-shedding.
ARM relies on ferrous metals for profit surge
Iron ore and manganese accounted for 92% of the two-thirds surge in headline earnings of African Rainbow Minerals while its platinum assets also contributed.
Exxaro collects R1.6bn from Eskom, lifts div
The performance of Exxaro's key coal division was heavily influenced by R1.6bn in penalties paid by Eskom, with another similar payment likely this year.
Glasenberg to weigh SA listing in 18 months
Glencore Xstrata would wait for up to 18 months before assessing whether its debut in Johannesburg had been a success with investor take-up currently low.
SA parliament approves MPRDA amendments
Amendments to SA's centre-piece mining legislation, feared for the discretionary powers it confers on government, has successfully travelled through parliament.
RBPlat ‘cautiously optimistic’ on wage deal
Royal Bafokeng Platinum hoped to conclude a new wage deal with the NUM, and analysts agree it is likely to push through an agreement without mishap.
Platinum firms “far apart” from AMCU on wages
Wage talks between AMCU and South Africa's platinum producers ended in failure today with the parties declaring themselves far apart.
RBPlat taps market for R1.5bn Styldrift funds
Royal Bafokeng Platinum hopes to raise R900m in a rights issue but will first seek R600m in a book-build in an effort to fund R1.5bn of its R11bn Styldrift project.
Glencore would kick tyres at Total Coal SA
Ivan Glasenberg, CEO of Glencore Xstrata, said the group would look at possible assets, but he stepped back from speculation BHP was selling its SA coal mines.