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De Beers seals sightholder sales BEE deal

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De Beers Consolidated Mines has bought De Beers Sightholder Sales South Africa which enables it to meet its 26% empowerment target set by the government.

Gold Fields hit with Native Title reverse

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The Federal Court of Australia has judged that the correct procedure was not followed in the 2004 re-grant of mineral tenements to the St. Ives mine.

Anglo to sell Lafarge Tarmac JV for $1.5bn

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Anglo American will punch a $1.5bn hole in its debt pile with the sale of its 50% stake in the Lafarge Tarmac joint venture.

Platinum surge on restocking, restructuring

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The platinum price has gained ground in the week following the strike resolution which analysts said was perhaps not entirely unexpected.

Petra to earn $10m-$26m on Cullinan find

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Petra Diamonds' recent 122.5 carat find at its Cullinan mine is likely to give its new financial year, which kicks off on July 1, a major boost.

Transnet unfazed by downgrades, economic ills

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Transnet would press on with its R300bn expansion programme despite credit downgrades and a shrinking local economy, saying it was investing for a 40 to 50 year cycle.

Strikes in SA turn more radical

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Strike season is South Africa is normally through the winter months, but they are now becoming more frequent, and more radical.

Pallinghurst kept waiting for platinum gap

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Pallinghurst said it would wait for an uptick in the platinum market before listing its Sedibelo Platinum Mines. However, when will that be given the stasis in the platinum price?

Exxaro to build R3.8bn Belfast coal mine

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Exxaro Resources said it would develop one of the last quality coal resources of South Africa's famed Mpumalanga province with most of the output to be exported.

Equatorial distances itself from Exxaro

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Equatorial Resources sought to put clear blue water between its iron ore project in the Republic of Congo and the venture Exxaro may write down for R5.3bn.