Gold to challenge $1,850/oz in 2013: GFMS
US stimulus efforts and an interest in protecting wealth would sustain the gold price in 2013, according to Thomson Reuters GFMS in its annual report.
Northam RDOs reject pay offer, seek 38% boost
Rock drill operators at Northam Platinum's Zondereinde are demanding a 38% increase after downing tools on April 2. Some R46m has been lost in revenue.
Noose to tighten on scrap, iron ore exports
Government hopes to give teeth to its draft policy in which iron ore, steel and scrap metal exports are being targeted as detrimental to domestic economic growth.
Cutifani to put Anglo under microscope
Mark Cutifani would spend the first four months as CEO of Anglo American assessing asset mix and competitiveness, according to an internal company interview.
Gold Fields keen to swiftly end Tarkwa strike
Gold Fields' Tarkwa was already the highest margin mine in the group's new look, all the more reason why it can't afford a lengthy dispute with Ghanaian employees.
BHP Billiton to hold Eskom to power deal
Diversified mining group BHP Billiton said it would hold Eskom to a power deal first agreed in the Nineties despite pressure that it be modified.
Sibanye Gold weighs Beatrix uranium option
All options would be considered to keep the fire-hit Beatrix West open including an interation of plans to mine it for its original purpose: uranium.
Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.
Ramaphosa reverses worker dismissals
Cyril Ramaphosa, a shareholder in Shanduka, said negotiation was preferable to mass dismissals as he ordered the re-instatement of sacked Shanduka Coal workers.
Lonmin scores Govt points as opts for Magara
Lomin chooses Ben Magara as its new CEO. Not widely known by analysts, Magara has strong government relations as Lonmin seeks political influence over profile.