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Northam losses rise as strike continues

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Production losses at Northam Platinum have started ticking up as a strike among rock drill operators at its Zondereinde mine extends into its third week.

Eskom, BHP in coal, power cost imbalance

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Eskom pays more for thermal coal supplied by BHP Billiton than the mining house pays for Eskom's electricity at its three aluminium smelters, a study shows.

SA golds head for another day of pain

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South African gold stocks were set to endure another day of losses as the price of gold shed 3.9% in Singapore.

Amsa boss gives sobre steel market view

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Nonkululeko Nyembezi-Heita, CEO of ArcelorMittal SA, said the South African steel industry was currently uncompetitive set against its international rivals.

SA rebuffed AngloGold unbundling plan: report

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A proposal by AngloGold Ashanti to unbundle its South African mines was blocked by the South African government, according to a report by Bloomberg News.

Wits Gold sheds 21% in value in Toronto

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Shares in Wits Gold fell a fifth on the Toronto Stock Exchange despite some buying of shares by the company's key management.

IvanPlats seeks ‘strategic partners’ for $2bn Kamoa

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IvanPlats said it was seeking strategic partners for its $2bn Kamoa copper project in the Congo and had already set down plans to improve power supply to the site.

Sable seeks cash flow kicker from Botswana deal

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Sable Platinum is to buy just over a quarter of Global Initiatives, a Botswana firm that gives it access to cash flow from retreating more than 40mt of pig iron.

Exxaro’s Nkosi says iron ore output in 2013

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Sipho Nkosi, CEO of Exxaro Resources, said he was hopeful the company would begin iron ore production from its Mayoko prospect later this year.

DRC’s copper-rich Katanga ‘a power keg’

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The Congo's Katanga province was a 'power keg' and rebels seeking secession could destabilise mining investment there, one of the country's officials said.