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.
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.
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.
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.
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.
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.