Aquarius Pt eyes own cash for $300m bond
Aquarius Platinum said it was giving thought to using internally generated cash in order to at least part settle or refinance a $300m corporate bond due in 2015.
Gold CEOs call on unions to help repair relations
Two of South Africa's most prominent gold mining CEOs have called on unions to repair their fractious relationship described by one as the broken 'circle of trust'.
AngloGold cuts dividend in $482m savings drive
AngloGold Ashanti said it would cut the second quarter dividend as it slashed corporate, exploration and capital costs amid a 25% gold price dive.
Randgold ‘revisit’ to net debt will be brief: Bristow
But bringing Kibali into production was the key task of Randgold Resources for the remainder of the financial year as analysts fretted over the firm's balance sheet.
Chrome exports to China grow 48%: Merafe
Merafe Resource says chrome exports were 3.1 million tonnes this year which is 48% more than in the first six months of last year.
Aquarius Pt wins plaudits, but is it enough?
Aquarius Platinum has clawed back ground in production and share price, but the question analysts ask centres on the long-term prospects for a resource limited firm.
AMCU could halt gold sector central bargaining
The Association of Mineworkers & Construction Union has upped the ante with the Chamber of Mines saying it is opposed to central bargaining in the gold sector.
DMR concedes constraints impeded MPRDA
The mineral resources department acknowledged in parliament this week that its capacity constraints affected the success with which it implemented the MPRDA.
AMSA says carbon tax to cost R600m a year
The proposed carbon tax would cost the steelmaker more than R600m with no apparent means of reducing carbon dioxide emissions from steel production in the future.
Eskom eases finance pressure with $1bn bond
Eskom has eased the pressure on its balance sheet raising $1bn in a bond from investors in Europe and the US in a much-needed fillip for the electricity utility.