Pengilly’s QKR swoops on $110m Navachab
Former JP Morgan banker Lloyd Pengilly's QKR Corporation to take Navachab off
AngloGold Ashanti's hands in an all cash deal.
Strike takes worrying slide into violence
One employee, believed to be an AMCU shop steward, died while another was injured as a strike at Amplats took a worrying turn for the worse.
Aquarius turns hand to refinancing $300m bond
Aquarius Platinum CEO, Jean Nel, said the company had established a credible track-record operationally and could now turn to the major problem of its balance sheet.
Harmony halts blasts amid ‘tragic’ week
Harmony Gold CEO, Graham Briggs, described the last five days as 'tragic for Harmony' and said blasts would be suspended for 24 hours.
Platinum wage talks adjourned, losses at R2bn
Revenue losses total R2bn to date while employees had sacrificed R900m in wages, said platinum producers who don't know when wage talks will resume.
What to expect from gold in 2014
Analysts think gold will provide a few false dawns and that gold producers mining at far beyond $1,100/oz may run into a spot of trouble.
Inside AMCU’s secret mutiny
Renegade members of AMCU attempted to engineer a mutiny, a story that provides some insight into the treacherous world of organised labour.
Aquarius Pt sells non-core assets for R755m
Aquarius Platinum has bolstered its balance sheet selling non-core assets that include the once mighty R1.3bn Blue Ridge project and the $700m Sheba's Ridge prospect.
Gold firms off hook as court denies AMCU
The Association of Mineworkers & Construction Union will not be able to call a strike over wages at the gold mines of AngloGold, Harmony or Sibanye Gold.
ContiCoal dismantles board in A$5m rescue
A UK merchant bank, Empire Equity, will provide bridging finance and assist with a A$28m rights offer but the coal firm's executive team will be dismantled.