Amplats lines up 10 buyers for Union
Anglo American Platinum had lined up ten potential buyers for its Union mine which it was hoping to sell for $300m.
Zimbabwe calls on miners to cut power 25%
Zimbabwe as asked mining companies to cut power consumption a quarter amid a water shortage that is resulting in less production from its hydroelectric facilities.
Resgen unveils members of finance ‘club’
Resource Generation has responded to "numerous inquiries" regarding bankers with which it was hoping to raise the $400m balance for its Boikarabelo project.
Amplats board behind Griffith in pay row
Amplats chairman Valli Moosa stood behind the company's CEO Chris Griffith who is embroiled in a row over executive bonuses and incentives.
BHP Billiton prices $5bn bond
BHP Billiton is the latest mining company to exploit relatively now yields in the US bond market pricing a $5bn issue amid $16bn in capital expenditure this year.
Leviev to project finance Namibia project
A $1.88bn project to sweep phosphates from the ocean floor off Namibia would be three quarters financed with debt, said backer the Leviev Group.
Lace mine to start production in H2
DiamondCorp said its Lace Diamond Project would start production in the second half of the year owing to a six week strike, but was still ahead of schedule.
Anglo correcting years of ‘self-harm’
Anglo American was reversing years of self-harm with a restructuring programme that offered significant value unlock, a prominent analyst has said.
Lonmin hires turnaround specialist
Lonmin hired turnaround specialist Johan Viljoen as its COO as the company aims to recover from a five-and-a-half month strike earlier this year.
AMCU cuts wage demand 31% at Implats
The Association of Mineworkers & Construction Union (AMCU) had cut wage demands 31% at Impala Platinum, the platinum producer said.