Rockwell bursts into profit as rebuild delivers
Rockwell Diamonds surged into a net profit in the first quarter suggesting that its three-year turnaround strategy was finally bearing fruit.
Debt-laden Eskom issues plea for tariff hikes
Eskom is a company rapidly sliding beneath the cost of servicing some R252bn in debt - a situation that cries out for a revisit of the electricity tariff.
Mwana studies Klipspringer restart
Mwana Africa may restart mining at Klipspringer as it looks to continue its remarkable turnaround in fortunes.
De Beers seals sightholder sales BEE deal
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
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
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
The platinum price has gained ground in the week following the strike resolution which analysts said was perhaps not entirely unexpected.
Transnet unfazed by downgrades, economic ills
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.
Petra to earn $10m-$26m on Cullinan find
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.
Pallinghurst kept waiting for platinum gap
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?