SA parliament approves MPRDA amendments
Amendments to SA's centre-piece mining legislation, feared for the discretionary powers it confers on government, has successfully travelled through parliament.
Exxaro collects R1.6bn from Eskom, lifts div
The performance of Exxaro's key coal division was heavily influenced by R1.6bn in penalties paid by Eskom, with another similar payment likely this year.
Glasenberg to weigh SA listing in 18 months
Glencore Xstrata would wait for up to 18 months before assessing whether its debut in Johannesburg had been a success with investor take-up currently low.
RBPlat ‘cautiously optimistic’ on wage deal
Royal Bafokeng Platinum hoped to conclude a new wage deal with the NUM, and analysts agree it is likely to push through an agreement without mishap.
Platinum firms “far apart” from AMCU on wages
Wage talks between AMCU and South Africa's platinum producers ended in failure today with the parties declaring themselves far apart.
Glencore would kick tyres at Total Coal SA
Ivan Glasenberg, CEO of Glencore Xstrata, said the group would look at possible assets, but he stepped back from speculation BHP was selling its SA coal mines.
RBPlat taps market for R1.5bn Styldrift funds
Royal Bafokeng Platinum hopes to raise R900m in a rights issue but will first seek R600m in a book-build in an effort to fund R1.5bn of its R11bn Styldrift project.
Petmin seeks NAIC float, unbundling
Mid-tier mining firm, Petmin, says it will float its pig iron development firm as it focuses on its cash-generating coal assets.
AMCU quandry echoes UK coal union finale
The coal miners strike in the UK during the Eighties spelled the end of the union movement in that sector, a high stakes event that has historic relevance for AMCU.
Holland in race against time at South Deep
One view about Gold Fields' Nick Holland is that if the SEC investigation doesn't get him, South Deep will - with the latter the more short-term threat to his tenure.