Essar back on track in $750m New Zim deal
Indian conglomerate may have found a way of breaking the stalemate in its proposed $750m investment in New Zim Steel from Zimbabwe's government.
Trans Hex skids 20% after R87m reversal
Shares in Trans Hex lost 20% on the JSE after the company said interim figures would show a negative R87m reversal in fortunes.
BHP springs to defence as coal row escalates
BHP Energy Coal of South Africa accused Transnet of "unfounded assertions" in a development that seemingly puts pay to public-private cooperation on export coal facilities.
Thebe Corp to launch BEE coal fund
Thebe Corporation is to launch a coal fund aimed at realising Eskom's hope for more black-owned coal producers.
‘Marginal’ Aquarius Pt waits for metal surge
Jean Nel, the no-nonsense CEO of Aquarius Platinum, described his business as "marginal" in current market conditions, a change in which was "not imminent".
Transnet’s Molefe delivers stinging RBCT attack
Transnet CEO, Brian Molefe, laid into shareholders of Richards Bay Coal Terminal whom he accused of selfishlessly pursuing their own interests with "a state asset".
Asanko Gold bags $150m loan, plots M&A
Former LionOre and Norilsk executive, Peter Breese, sets about consolidation of West Africa's gold sector with $150m loan for Ghana's Asaase project.
Firestone’s Brown targets $200m in finance
Stuart Brown, CEO of Firestone Diamonds, has been treading the streets of London in search of funds that will transform Liqhobong into a 1m carat a year mine.
DRDGold to reset growth sights in two years
DRDGold said it wanted to extract the value of its newly commissioned circuit and then would spend time thinking about how to grow the company more aggressively.
PIC snaps up share of $530m Resgen mine
Resource Generation raised $52m of which a portion was taken by South Africa's Public Investment Corporation which said it "liked coal" and that the mine would support Eskom.