Lonmin scores Govt points as opts for Magara
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.
Sibanye Gold weighs Beatrix uranium option
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.
Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.
Ramaphosa reverses worker dismissals
Cyril Ramaphosa, a shareholder in Shanduka, said negotiation was preferable to mass dismissals as he ordered the re-instatement of sacked Shanduka Coal workers.
Path cleared for Amsa, Kumba to resume talks
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.
Anglo withdraws from $540m Revuboe project
Anglo American cited failure to meet conditions timeously as the reason for not proceeding with the $540m investment in Mozambique's Revuboe project.
Ruinous BHP contract drove Eskom hikes
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.
Graft contagion besets Zimbabwe mining sector
Zimbabwe remains stricken by allegations of corruption in its mining sector with the EU the latest to heighten the pressure on its government-owned mining company.
Evraz to sell SA unit for $320m
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.
Atlatsa chops growth plans in new, lean look
Shaped now to a platinum market that is expected to rattle along the bottom, the new look Atlatsa Resources has less debt and lower growth targets.