Sibanye’s Froneman targets year-end Pt deal
Neal Froneman, CEO of Sibanye Gold, said he'd be disappointed if the company hadn't concluded a platinum deal before the year-end.
Grindrod signs rail deal with Zambia
Johannesburg rail and shipping company Grindrod has signed a $989m rail agreement with Zambia's Northwest Rail to link mines in the country.
BHP hits 7-year low on dividend fears
Concerns about the ability to pay a progressive dividend have have hit the shares of BHP Billiton which have hit a seven-year low.
Platinum firms submit pay offer
South African platinum producers submitted pay offers at a meeting with the Association of Mineworkers & Construction Union.
Economy will recover from strike: Davies
Rob Davies, trade and industry minister, said South Africa would recover from the five month platinum strike as minerals beneficiation took centre stage.
Iron ore racks up record volatility
Prices for iron ore reached record levels of volatility with the mineral expected to slide in and out of $40-$50/t territory for most of the year.
Platinum producers may mothball mines
South Africa's platinum producers may take the drastic step of mothballing mines in Rustenburg affected by the 20-week strike in the sector.
Anglo credit rating under threat: Moody’s
Anglo American's restructuring plans may not be enough to save its investment grade rating, according to credit rating agency, Moody's.
NUM says 4% offer is “an insult”
The National Union of Mineworkers, which represents about 67% of the gold industry workers, decried a 4% wage offer as "an insult".
Kinross pays $33m to disgruntled shareholder
Kinross is to pay $33m to a disgruntled shareholder which said the Canadian gold miner had misled it about the quality of Tasiast, a mine written down by $6bn.