Sylvania boss sacrifices 33% of salary
Sylvania Platinum executives took pain for the team announcing they would forgoe up to a third of their salaries for the remainder of the financial year, ended-June.
Eskom reprises power buy-backs with Xstrata
The Xstrata-Merafe Chrome Venture has agreed to idle 25% of its production as Eskom seeks capacity to continue R35bn maintenance plan.
PTM adds lustre to bruised SA platinum
Platinum Group Metals said it would sell shares for $182m ahead of drawing down $260m in finance - enough to fully fund its 275,000 oz WBJV Project One.
Rockwell to mothball Tirisano amid cash burn
Rockwell Diamonds said it was unable to stem losses at its Ventersdorp alluvial diamond mine, Tirisano, but added funding of its project pipeline remained intact.
Gemfields attracting interest from retailers
International jewellery retailers were looking to buy a piece of Gemfields following its proposed takeover of historic brand Faberge, CEO Ian Harebottle said.
Zim shuts Afripalm Resources after Northam failure
Lazarus Zim sacked employees at the plush Sandton offices of Afripalm Resources following a dire couple of years in which he lost millions in personal fortune.
AngloGold investment grade upheld by S&P
AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.
The rollercoaster career of Neal Froneman
Neal Froneman, CEO-designate of Sibanye Gold, is back on top in a career where the quality of the highs are only matched by the depth of the troughs.
SA coal price spurt lowers RBCT stocks
South African coal export prices recovered as much as 17% in the last month which contributed towards higher offtake and a lowering in stocks at RBCT, data shows.
Govts of China, SA unite in R5.3bn Palamin bid
The governments of China and South Africa have formed a consortium to bid a hefty premium for the 74% stake in Palabora owned by Anglo and Rio Tinto.