Rand weakness boosts Amplats interims
The weaker rand provided some respite to Anglo American Platinum which said interim share earnings would be nearly double those of the same period in 2012.
Lenders loosen Sibanye Gold R6bn debt leash
Lenders to Sibanye Gold say the firm can pay an interim dividend provided it has agreed wage increases with unions that include AMCU and NUM.
Gold Fields to recoup lost Ghana output
Gold Fields said it hoped to produce as much as 1.9 million ounces this year as guided but second quarter all in costs are worryingly close to the dollar gold price.
New tariff to force Eskom strategy rethink
Brian Dames, CEO of Eskom, said the utility would have to fundamentally re-engineer itself in order to address the halving of its proposed five-year tariff hike.
Gigaba to have Medupi shortfalls probed
No heads will roll at Eskom following the R10bn overrun at Medupi, but the utility has failed to retain its CFO Paul O'Flaherty who left the organisation today.
Curtain rises on SA gold sector wage talks
South African gold companies start today the first of weeks, even months, of wage talks hopeful economic realities can modify labour expectations.
Time to temper gold’s bearish prospects?
Gold has had a meat hammer taken to it, but perhaps the time has come to acknowledge that while the outlook must be bearish, the metal has been oversold.
Hitachi claims Medupi contract on schedule
Hitachi Power Africa said its portion of work on Medupi's first unit was 97% complete and it was likely to complete the boiler by December as first scheduled.
Lonmin confirms NUM, AMCU conflict in court
The rivalry between the NUM and AMCU over which has dominance at Lonmin has moved to the courts with fraudulent stop-orders forming the focus of the dispute.
Amplats strike underpins AMCU dissidence
A illegal strike at two Amplats mines echoes an apparently entrenched dissidence in the Association of Mineworkers & Construction Union.