Sibanye in R400m knockout bid for Wits Gold
Neal Froneman, CEO of Sibanye Gold, has finally swooped landing a R400m blow for struggling gold exploration and development company, Wits Gold.
PTM in $164m issue as waits on debt
Platinum Group Metals said it had raised C$175m in a share issue in the wake of its 26% investor pulling out of the proposed Western Bushveld Joint Venture.
VMR unmoved by fresh Tau Lekoa bid
Renewed attempts to prise Tau Lekoa from Village Main Reef has left CEO, Ferdi Dippenaar, unimpressed.
Cutifani to defer on fireworks in Dec 12 update
Mark Cutifani, CEO of Anglo American, will keep an investor update focused on organisational changes rather than big ticket restructuring plans, analysts said.
Glencore Xstrata integral to SA coal fortunes
The listing of Glencore Xstrata in Johannesburg affords analysts an opportunity to see with more detail how closely tied up the firm's fortunes are with the economy.
Eskom fears resurface as Dames resigns
Brian Dames, CEO of Eskom, is to leave the company in March with financial, operational and capacity pressures as omnipresent for the power utility as ever.
Eskom, Anglo to seal deal on New Largo
Eskom said it expected to clinch a 16mtpa coal supply deal for its R118.5bn Kusile power station with Anglo American's proposed New Largo colliery.
Deloitte detects Govt, industry rapprochement
The South African government and the mining industry would discover a meeting of minds, said auditor and consulting firm Deloitte.
DEA, Eskom say Kriel crisis preventable
Eskom and South Africa's environmental affairs department say shutting Kriel power station, which would remove up to 3,000MW of generating capacity, can be averted.
Universal Coal in line for Exxaro’s NCC
Australia's Universal Coal is one of the companies vying for Exxaro Resources' New Clydesdale Colliery.