Sibanye unveils 46% leap in gold reserves
Sibanye Gold bucks the trend announcing economically viable gold reserves of about 19 million ounces even as other gold producers suffer asset write-downs.
Cutifani bares teeth amid MPRDA ‘bitching’
Critics of government-private sector engagement on proposed amendments to the mines legislation were cowards and had failed South Africa, said Anglo's Mark Cutifani.
Amplats sees AMCU wage advance next week
Anglo American Platinum CEO, Chris Griffith, said there would be progress in wage talks after workers sacrificed their second month of wages next week.
Cutifani pares hopes on Anglo recovery
Mark Cutifani, CEO of Anglo American, said the group would swim upstream in the current financial year with benefits of efficiency improvements only on offer from 2015.
Rio Tinto writes down Mozambique coal $470m
Rio Tinto took total write-downs of its Mozambique coal assets over two years to $3.4bn, only $500m less than it paid for the assets in 2011.
Gold Fields delays South Deep, lowers output
Gold Fields also announced R7.5bn in impairments on a weaker gold price but the news that hit hardest was a delay in its key South Deep mine by at least a year.
Glencore sticks while peers twist on coal
Glencore Xstrata is investing in African thermal coal assets whilst its peer group - BHP Billiton and Rio Tinto - seek an exit from the continent.
Shale gas debate set to raise temperatures
Exploration for shale gas in the Karoo is likely to raise the temperatures of conservationists this year after the ANC wrote it into its manifesto.
Kumba bags Sishen expansion surface rights
The South African government has granted surface rights to Kumba Iron Ore allowing it to press ahead with its Sishen Western Expansion Project.
DRDGold passes dividend on capex jolt
The cost of building new technology at its Ergo plant, hit DRDGold's cash flow harder than imagined leaving no room for a cash distribution to shareholders.