Tharisa halves capital raising to R500m
Tharisa, a chrome and platinum producer, has halved the capital it intended to raise in its JSE debut scheduled for April 10 owing to difficult market conditions.
Sibanye registers interest with Amplats
Sibanye Gold has made contact with Anglo American Platinum regarding buying its high cost, underground platinum shafts in Rustenburg.
SA golds ‘beyond reasonable level of value’
Have South African gold stocks exceeded their reasonable level of value as suggested by their recent weakening?
Aquarius takes gap in $225m bond repurchase
The platinum firm said improved operational performance was an opportunity to buy back up to $225m in bonds and give it flexibility to assess new projects.
DRDGold revival dented as circuit falters
Metallurgical problems in newly commissioned technology would result in a 14% decline in March quarter production for the gold retreatment firm.
NewGold platinum EFT tops 1 million oz
The product has now absorbed R15.6bn in platinum equal to roughly a fifth of South African primary production.
Anatomy of the platinum strike … 10 weeks on
The strike called by the Association of Mineworkers & Construction Union is 10 weeks old. Here's a summary of the main features, quotes, and key facts so far.
Lonmin wage deal frustrated by unknown force
Lonmin CEO, Ben Magara, could not say whether AMCU was behind efforts to intimidate workers who overwhelmingly wanted to end a 10-week strike.
Kalahari delay, write-offs lay Metmar low
Shares in the commodities trading and investment firm slid nearly 10% as write-downs and project delays hit the company hard.
Exxaro has cause to rethink $20bn target
Exxaro Resources is now worth a little under $5bn when once it targeted growth to $20bn. Is the company re-setting its sights amid a commodity climb-down...?