SA’s state firms may get China funds boost
Other state-owned enterprises could benefit from funding provided by China following a loan agreement between Transnet and the China Development Bank.
Transnet turns to China amid credit, growth fears
South African state-owned freight company, Transnet, is to enlist the hefty balance sheet of the Chinese government after the two countries sign a deal on cooperation.
Sibanye debt payment paves way for divvy
Sibanye Gold has fared well in the first quarter since listing. The stock has held up despite high liquidity and it has generated enough cash to pay R570m off its debt.
MIGDETT still working despite strikes, politics
MIGDETT, a forum consisting of government, industry and unions, was functioning despite remarks by politicians and worker protests that have weakened the industry.
Wits Gold turns to capital markets as cash ebbs
Wits Gold's balance sheet is beginning to look precarious - a condition that will send it to the market notwithstanding a two-thirds decline in its share price since 2012.
Strike ends at Exxaro coal mines
Workers at five of Exxaro's collieries and its reductants operation would return to work today after agreeing to the payment of a first quarter incentive.
Firestone urges shareholders to reject bid
Firestone Energy has urged shareholders for a second time to reject a R270m bid for the company by Australian cash shell, Range River Gold.
Egos must go before SA gold consolidates
Egos must go and time must pass before the South African gold sector would be able to consolidate, two prominent gold company bosses have said.
Corruption probe stalls Zim platinum deals
A corruption probe into the activities of Zimbabwe ministers may derail indigenisation deals by Impala Platinum and Anglo American Platinum among others.
China may buy 25% of diamonds in a decade
De Beers CEO, Philip Mellier, believes China could supplant the US as the dominant market for diamonds in 10 to 15 years given its passion for symbols.