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Platinum mines may run short of water in 2016

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Consulting engineering company, SRK, raised the risk that South Africa's platinum firms may start to run short of water next year if the country's drought persisted.

Shanduka to abandon 9% Lonmin stake

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Lonmin's BEE partner Shanduka said it will walk away from its stake in the company, which is held through Incwala Resources.

Harmony to zap R2.7bn debt pile in two years

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Harmony Gold hopes to be debt-free when it sets about funding its Golpu project in about two years time.

Randgold “still scrambling” at Obuasi

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Randgold Resources CEO, Mark Bristow, said it was impossible yet to call whether the UK firm would take on the joint recapitalisation of AngloGold's Obuasi.

Lonmin rights offer a folly, say analysts

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In the absence of its ambitious platinum price forecast materialising, Lonmin's $400m rights offer may just lead to further, more serious, turmoil in the future.

Glencore $25bn debt target draws cautious praise

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Analysts welcomed Glencore's target of $25bn in net debt by year-end, but they said progress had to be underpinned by sustained operational cash flows.

AngloGold ordered to reinstate 579 AMCU workers

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AngloGold is studying its options after the Labour Court said it should reinstate more than 500 workers unfairly dismissed at its Moab Khotsong mine.

DMR haggling prolongs Kumba, SIOC saga

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The South African government has imposed conditions before it will bring the Kumba, Sishen Iron Ore imbroglio to an end.

Mining leaders worry Phakisa is just talk

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South African mining leaders are concerned the government's latest intervention, Operation Phakisa, will add more verbiage to the garbage heap.

SA mining boards meet charter targets: PwC

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PwC said that South Africa's mining sector had met its employment equity targets at board level in terms of the mining charter ... but only just.