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Exxaro raises R1bn in bond issues

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Exxaro Resources successfully raised R480m and R520m in two bond issuances in an effort to diversify its funding base.

Implats keeps mine shut, executive pay held

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Impala Platinum said it would keep its Rustenburg mine closed until the safety of its employees wanting to return to work could be guaranteed.

Atlatsa lifts output 19%, benefits from rand

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Atlatsa overcame safety related work stoppages and heavy rain in the first quarter to lift production which, coupled with the weaker rand, saw its cash margin increase.

Caledonia to extend Blanket to 750m depth

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Zimbabwean gold producer Caledonia Mining Corporation will dig for gold at a depth of 750 metres as part of the operation's expansion strategy.

SA on power alert as Eskom mulls load-shedding

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Eskom said load-shedding may become necessary unless demand was pulled back 10% with industrial users already complying.

AMCU petition to be ‘strongly opposed’

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South Africa's platinum producers said they would strongly oppose a petition launched by AMCU that they desist from communicating with the union's members.

DRDGold declines to set date for FFG fix

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DRDGold said it had improved gold production in April after suspending its flotation fine grind circuit but give no indication when it would be fixed.

Essar resuscitates 500ktpy Zim steel plant

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India's Essar Group said it would restart plans to breathe new life into Zisco, the state-owned Zimbabwe steel producer, and build a 600MW power plant.

Lonmin restart to pressure platinum price

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Plans by Lonmin to restart its processing facilities would almost certainly apply new price pressure on the platinum price, analysts said.

Producers call on AMCU to guarantee safety

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South Africa's platinum producers called on AMCU to guarantee the safety of its members who wanted to end the union's 16-week long strike.