RBPlats bounces on positive production report
Royal Bafokeng Platinum has closed almost 5% higher following the release of a favourable quarterly production report.
SA shares may restate reserves after gold ‘hit’
The price of gold is expected to recover following an orchestrated hit a week ago, but it's less clear what lies in wait for South African gold equities.
Nersa, BHP study to focus on contract renewals
Nersa's investigation into BHP Billiton's advantageous power supply deal with Eskom
will focus on whether deals for certain smelter potlines should have been renewed.
IvanPlats plays down Congo export threat
IvanPlats said it would not be affected by a decree reportedly signed by two Congo
ministers prohibiting the export of copper concentrate from the country.
Central banks suffer $560bn gold loss
The hefty decline in the price of gold this year has wiped $560bn off the value of
Central Bank gold holdings which own about 19% of all gold ever mined.
Northam losses rise as strike continues
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.
Davis skips Glencore-Xstrata as future beckons
Mick Davis said he would not serve six months as interim manager of the combined
Glencore Xstrata opting to leave at the deal's effective date, around May 2.
Eskom, BHP in coal, power cost imbalance
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
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
Nonkululeko Nyembezi-Heita, CEO of ArcelorMittal SA, said the South African steel
industry was currently uncompetitive set against its international rivals.