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.
Exxaro’s Thabametsi constrained by TFR
Exxaro's Thabametsi coal mine is being kept small - for the time being - because the firm is uncertain Transnet can provide it an outlet for more volume.
DMR defends MPRDA in fiery parliament debate
The mineral resources department said amendments to the MPRDA would take SA forward - a claim opposition MP, James Lorimer, questioned.
Petra targets 3m carats as gem market firms
Petra Diamonds said it could produce as much as 3 million carats in the current financial year amid a firm diamond market.
Barrick ‘still a seller’ of African gold unit
Greg Hawkins, CEO of African Barrick, said the firm's Canadian - Barrick Gold - was still a seller of its stake, but was supportive of the turnaround strategy.
Investment climate chills for Mozambique
Optimism about mining prospects for the southern Africa country has cooled amid renewed political hostilities and the climb-down in commodity prices.
Anglo’s Cutifani targets $1.3bn cash flow lift
In his first results presentation, Anglo's Mark Cutifani also took the hatchet to management levels and was withering of the group's capital discipline.
‘Anglo relationship to SA must change’: Cutifani
Anglo American was weighing up its relationship to South Africa, a country where it still derives most of its value.
Glencore completes Mutanda, Kansuki merger
Glencore Xstrata said it had completed the merger of its Mutanda copper and cobalt mine with Kansuki - a deal that sees Ivan Glasenberg work with Dan Gertler.
Lonmin wary of safety, labour stoppages
UPDATED - Lonmin said Q3 mining had been hampered by safety stoppages, but added it remained confident of meeting its 660,000 ounce full-year sales forecast.