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BHP, Eskom in tussle over environmental levy

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BHP Billiton is not prepared to continue paying the environmental levy for the power its Southern African aluminium smelters consume, says Eskom.

Forevermark: De Beers’ great retail ambition

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De Beers' executive Stephen Lussier wants the Forevermark to become a foremost brand in jewellery - an ambition the group has the market savvy to foster.

Eastplats halts CRM funding

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Eastern Platinum has suspended the development of its Crocodile River Mine, citing a host of factors.

Amplats figures highlight need for rightsizing

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Based on Anglo American Platinum's first quarter production figures, the importance of finding a way forward with the restructuring of the company cannot be overstated.

RBPlats bounces on positive production report

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Royal Bafokeng Platinum has closed almost 5% higher following the release of a favourable quarterly production report.

SA shares may restate reserves after gold ‘hit’

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The price of gold is expected to recover following an orchestrated hit a week ago, but it's less clear what lies in wait for South African gold equities.

Nersa, BHP study to focus on contract renewals

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Nersa's investigation into BHP Billiton's advantageous power supply deal with Eskom will focus on whether deals for certain smelter potlines should have been renewed.

IvanPlats plays down Congo export threat

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IvanPlats said it would not be affected by a decree reportedly signed by two Congo ministers prohibiting the export of copper concentrate from the country.

Central banks suffer $560bn gold loss

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The hefty decline in the price of gold this year has wiped $560bn off the value of Central Bank gold holdings which own about 19% of all gold ever mined.

Davis skips Glencore-Xstrata as future beckons

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Mick Davis said he would not serve six months as interim manager of the combined Glencore Xstrata opting to leave at the deal's effective date, around May 2.