Lonmin pumps rights issue into $700m debt
LONMIN has used the bulk of its $817m rights issue raised earlier this month to repay its $700m bank debt.
Ramaphosa election voted good for business
The rand firmed against the dollar yesterday in a signal that investors viewed the appointment of Cyril Ramaphosa as deputy president of the ANC positively.
Ramaphosa review may quicken Shanduka listing
Shanduka was reviewing its portfolio ahead of a listing even before its founder and ANC deputy president, Cyril Ramaphosa, launched a review of his business interests.
Range River in R270m Firestone Energy bid
Range River Gold has made a share-based offer for Firestone Energy which has urged shareholders to do nothing until a bidder's statement is lodged.
De Beers expects price growth in 2013
De Beers CEO, Philippe Mellier, says the diamond company should produce 27 million carats in 2013 which would provide a platform for price growth.
Marikana “exposed culture of violence”: Zuma
The Marikana tragedy exposed a deep culture of violence in SA society as well as organisational challenges in the workplace, said president Jacob Zuma.
Wits Gold is an “opportunity” for Sibanye
Wits Gold could provide an opportunity for Sibanye Gold, the firm created after Gold Fields unbundled its mature South African mines.
Aquarius, Implats agree $550m Mimosa sale
Aquarius Platinum and Impala Platinum have sold just over half of their shares in Mimosa Platinum in line with Zimbabwe's indigenisation law.
Tax talk to dominate Mangaung mines debate
There's no doubt a tax overhaul will dominate the debate when delegates at Mangaung turn their attention to the country's key economic sector.
Kumba, Amsa agreed one-year iron ore price
Kumba Iron Ore will supply ArcelorMittal South Africa with 4.8 million tonnes of iron ore at a weighted average price of $65/t, the companies said yesterday.