IDC uncertain of role in Kalagadi Manganese
Government's Industrial Development Corporation also said it may waive its rights to participate further in Kalagadi Manganese if that was in its interests.
Eskom’s Dames moots national coal pact
Speaking in parliament, Eskom CEO Brian Dames appealed to the country's coal producers to enter into a coal pact with coal prices not exceeding 10% annually in return for lower electricity increase.
Mines unrest not solved by ending migrant labour
Migrant labour may be a contributing factor to the mines unrest in South Africa, but ending it will only cause hardship elsewhere, experts say.
Amsa in “catch up” as claws back 18%
An 18% gain in the share price of ArcelorMittal South Africa was due to the fact it had been oversold, a spokesman said despite reports it was due to restructure.
Pallinghurst to keep platinum ‘newco’ private
Now was not the time to re-list the platinum assets of Pallinghurst Resources, said the company's CEO, Arne Frandsen.
M23 want direct talks with Congo’s Kabila
M23, a rebel movement in Congo, want direct talks with president Joseph Kabila and have warned government not to strengthen armies near Goma, which recently fell to the rebels.
IDC capture of Scaw heralds state steelmaker
The South African government buys Scaw from Anglo and says the firm will compete for state-backed infrastructure business and help further its beneficiation strategies.
Gold Fields warns of fourth quarter strike pain
Only a portion of lost production owing to strikes had been accounted for in the September quarter, Gold Fields said which also warned of imminent restructuring.
Harmony deplores deaths at Kusasalethu
Harmony Gold's Graham Briggs said deaths at the company's Kusasalethu mine on the west Rand was related to inter-union rivalry.
Debutant Sable Pt to seek $30m in funds
Sable Platinum, reverse-listed into New Corpcapital on the JSE, is to seek $30m to help fund its five platinum and vanadium projects in South Africa's western Bushveld.