CoAL secures R200m as sets about re-scope
Four of five assets were deemed non-core while seven directors have also left the company as it remodels itself as a project development company.
Impala pays dividend, targets 850k oz output
Terence Goodlace, CEO of Impala Platinum, sounded a bullish note in the firm's year-end results saying he firmly believed the market would recover medium term.
Gold firms mull lock-outs as wage talks fail
Gold producers say wage talks had stalled after 30 days of arbitration with both unions and companies threatening to bring production to a halt.
Shabangu backs PIC on CEO salaries
Speaking in Australia, Susan Shabangu, South Africa's mines minister, said hefty CEO salaries perpetuated inequality and was negative for industry development.
SA firms table ‘final’ wage offer as gold ticks up
South African gold producers tabled a 6.5% two-year wage increase for entry-level workers - an offer that comes against another uptick in the gold price.
Keaton bids R182m in part-share deal for Xceed
Keaton Energy has made an all-share offer for Australia's Xceed Resources principally for the firm's Moabsvelden project which borders Vanggafontein.
AngloGold balance sheet “a moving picture”
AngloGold Ashanti CEO, Srinivasan Venkatakrishnan, said the group's balance sheet remained "a moving picture" evidenced by the relaxation of its convents last week.
Silver lining provided by DRDGold
DRDGold has long retired its Roodepoort Rocket preferring a more pedestrian profile that nevertheless is delivering returns to shareholders.
Doubts cast on Merafe dividend ambition
A declaration by Merafe Resources that it hoped to pay dividends at some future point was met with astonishment by analysts.
Shale gas, coal tipped as ‘game changers’
South Africa's government was increasingly relying on shale gas and construction of a third coal-fired power station as it seeks a way of avoiding a future energy crisis.