Firestone urges shareholders to reject bid
Firestone Energy has urged shareholders for a second time to reject a R270m bid for the company by Australian cash shell, Range River Gold.
Egos must go before SA gold consolidates
Egos must go and time must pass before the South African gold sector would be able to consolidate, two prominent gold company bosses have said.
Corruption probe stalls Zim platinum deals
A corruption probe into the activities of Zimbabwe ministers may derail indigenisation deals by Impala Platinum and Anglo American Platinum among others.
Wits Gold to bid for Burnstone, Navachab
In an effort to stage a rerating of its share price, Wits Gold is considering bids for Burnstone and Navachab owned by Great Basin and AngloGold Ashanti respectively.
RBPlat shaping into new model platinum miner
With a high value asset, its lean approach to costs, and hands-on labour approach, Royal Bafokeng Platinum shows one way forward for South African platinum.
China may buy 25% of diamonds in a decade
De Beers CEO, Philip Mellier, believes China could supplant the US as the dominant market for diamonds in 10 to 15 years given its passion for symbols.
AngloGold, Sibanye lose R481m to power outage
AngloGold Ashanti and Sibanye Gold lost a combined R481m in revenue as a power outage saw both companies shed production in the West Wits region.
Logic of iron ore diversification grows for Exxaro
Finding and mining new sources of coal in South Africa is not an easy business which is why Exxaro is pressing ahead with its iron ore prospects.
NUM rejects Exxaro offer, interdict looms
In an effort to bring a two-week strike at its coal mines to a close, Exxaro said it would pay workers 2% of their first quarter salaries - an offer repelled by the NUM.
Sibanye debut masked by ETF sales
It's about a month since Sibanye Gold began life on the JSE. Liquidations of gold-backed ETFs, however, have muddied the waters on the gold stock's debut.