Glencore completes Mutanda, Kansuki merger
Glencore Xstrata said it had completed the merger of its Mutanda copper and cobalt mine with Kansuki - a deal that sees Ivan Glasenberg work with Dan Gertler.
AngloGold to raise up to $1bn in corporate bond
AngloGold Ashanti said it would raise between $750m and $1bn in a corporate bond which it would use to de-stress its balance sheet.
Merafe interim earnings hit by impairment
Merafe Resources is a company under pressure following the loss on the proposed sale of its Horizon mine in Limpopo province.
Unions declare dispute as gold firms lift offer
The Chamber of Mines lifted its wage increase offer to 5% but unions, excluding AMCU, have swiftly moved to dispute in a 30-day CCMA process.
Backwardation expresses gold price volatility
Gold dabbled in backwardation earlier this month, a rare event that underlines how difficult it is becoming to guess at the metal's next move.
Cash flush Kumba gives some relief to Anglo
A strong performance from new mine Kolomela helped Kumba Iron Ore mitigate a weaker iron ore price and generate enough cash to wipe out net debt.
RBPlats to shut mill for ‘two to three weeks’
Royal Bafokeng Platinum said R4.5m in repairs to a concentrator at its Bafokeng-Rasimone mine would see ore stockpiled for three to four weeks.
Amplats suspends dividend as debt grows 30%
UPDATED - The sheer cost of sustaining mines that can't make money saw Amplats debt grow to R13.2bn making restructuring an urgency.
Amplats says balance sheet under control
A slew of extraordinary costs, and with high capital demands over the coming years, Amplats fends off questions that it is losing control over its debt.
Village hails protest end, suffers R10m hit
The framework agreement registered an early success at Village Main in bringing a protest to an end, but the firm's gold division suffered a R10.5m revenue loss.


















