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Cutifani to put Anglo under microscope

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Mark Cutifani would spend the first four months as CEO of Anglo American assessing asset mix and competitiveness, according to an internal company interview.

BHP Billiton to hold Eskom to power deal

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Diversified mining group BHP Billiton said it would hold Eskom to a power deal first agreed in the Nineties despite pressure that it be modified.

Gold Fields keen to swiftly end Tarkwa strike

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Gold Fields' Tarkwa was already the highest margin mine in the group's new look, all the more reason why it can't afford a lengthy dispute with Ghanaian employees.

Ramaphosa reverses worker dismissals

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Cyril Ramaphosa, a shareholder in Shanduka, said negotiation was preferable to mass dismissals as he ordered the re-instatement of sacked Shanduka Coal workers.

Sibanye Gold weighs Beatrix uranium option

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All options would be considered to keep the fire-hit Beatrix West open including an interation of plans to mine it for its original purpose: uranium.

Lonmin scores Govt points as opts for Magara

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Lomin chooses Ben Magara as its new CEO. Not widely known by analysts, Magara has strong government relations as Lonmin seeks political influence over profile.

Resgen gets $132m funding deal with Noble

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Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.

Ruinous BHP contract drove Eskom hikes

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Volatility in the price of aluminium destabilised Eskom's finances after 2006 and was the real reason for its 2010 tariff hikes, not the coal price as stated by Eskom.

Evraz to sell SA unit for $320m

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Russian steelmaker Evraz is to sell its South African unit in the country's largest empowerment deal following R1bn in strike-fuelled losses last year.

Path cleared for Amsa, Kumba to resume talks

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ArcelorMittal SA and Kumba Iron Ore may not begin arbitration or even resume negotiations as an appeal over the right to mine Sishen is rejected by the court.