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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.

Northam losses rise as strike continues

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Production losses at Northam Platinum have started ticking up as a strike among rock drill operators at its Zondereinde mine extends into its third week.

Amsa boss gives sobre steel market view

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Nonkululeko Nyembezi-Heita, CEO of ArcelorMittal SA, said the South African steel industry was currently uncompetitive set against its international rivals.

Eskom, BHP in coal, power cost imbalance

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Eskom pays more for thermal coal supplied by BHP Billiton than the mining house pays for Eskom's electricity at its three aluminium smelters, a study shows.

SA golds head for another day of pain

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South African gold stocks were set to endure another day of losses as the price of gold shed 3.9% in Singapore.

SA rebuffed AngloGold unbundling plan: report

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A proposal by AngloGold Ashanti to unbundle its South African mines was blocked by the South African government, according to a report by Bloomberg News.

Wits Gold sheds 21% in value in Toronto

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Shares in Wits Gold fell a fifth on the Toronto Stock Exchange despite some buying of shares by the company's key management.

Exxaro’s Nkosi says iron ore output in 2013

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Sipho Nkosi, CEO of Exxaro Resources, said he was hopeful the company would begin iron ore production from its Mayoko prospect later this year.

IvanPlats seeks ‘strategic partners’ for $2bn Kamoa

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IvanPlats said it was seeking strategic partners for its $2bn Kamoa copper project in the Congo and had already set down plans to improve power supply to the site.

Sable seeks cash flow kicker from Botswana deal

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Sable Platinum is to buy just over a quarter of Global Initiatives, a Botswana firm that gives it access to cash flow from retreating more than 40mt of pig iron.