Rail may be split from Transnet: report
The rail operations of state-owned freight logistics group Transnet may be split into a separate firm, reports Business Day.
BHP posts record profit, boosts dividend
BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.
ANC plans to dig deep on mine overhaul study
The ANC plans to complete by the end of the year a study on how to use its vast mineral wealth to fight widespread poverty.
Mines BEE target met, says Chamber
The Chamber of Mines says black ownership among its members averages 28% and already exceeds state-mandated targets.
Gold slides 3.5% as investors cash in gains
Gold has surrendered gains to fall 3.5%, as above-consensus US economic data lift stock markets.
State reviews penalties on mining charter
Government is reviewing its mining law to strengthen the penalty provisions for non-compliance of the mining charter, says an official.
Harmony looks again at listing Evander
Harmony is once again considering a separate listing for Evander, because of the rocketing gold price, which also has major implications for the funding of its Wafi-Golpu project.
Dividend bonanza for BHP backers
BHP Billiton has appeased shareholders who are looking for a slice of the diversified miner’s record cash flows, rebasing its final dividend by 22%, paying out 55 US cents per share.
Optimum Coal expects earnings boost
Optimum Coal says its full year earnings will improve by between 71% and 78%.
Gold retreats as worries subside
Gold has fallen more than 1% to $1,874.39, as worries over a possible recession retreated.