Wits Gold turns to capital markets as cash ebbs
Wits Gold's balance sheet is beginning to look precarious - a condition that will send it to the market notwithstanding a two-thirds decline in its share price since 2012.
Strike ends at Exxaro coal mines
Workers at five of Exxaro's collieries and its reductants operation would return to work today after agreeing to the payment of a first quarter incentive.
Egos must go before SA gold consolidates
Egos must go and time must pass before the South African gold sector would be able to consolidate, two prominent gold company bosses have said.
Corruption probe stalls Zim platinum deals
A corruption probe into the activities of Zimbabwe ministers may derail indigenisation deals by Impala Platinum and Anglo American Platinum among others.
Wits Gold to bid for Burnstone, Navachab
In an effort to stage a rerating of its share price, Wits Gold is considering bids for Burnstone and Navachab owned by Great Basin and AngloGold Ashanti respectively.
China may buy 25% of diamonds in a decade
De Beers CEO, Philip Mellier, believes China could supplant the US as the dominant market for diamonds in 10 to 15 years given its passion for symbols.
RBPlat shaping into new model platinum miner
With a high value asset, its lean approach to costs, and hands-on labour approach, Royal Bafokeng Platinum shows one way forward for South African platinum.
AngloGold, Sibanye lose R481m to power outage
AngloGold Ashanti and Sibanye Gold lost a combined R481m in revenue as a power outage saw both companies shed production in the West Wits region.
Logic of iron ore diversification grows for Exxaro
Finding and mining new sources of coal in South Africa is not an easy business which is why Exxaro is pressing ahead with its iron ore prospects.
NUM rejects Exxaro offer, interdict looms
In an effort to bring a two-week strike at its coal mines to a close, Exxaro said it would pay workers 2% of their first quarter salaries - an offer repelled by the NUM.