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Lonmin BEE still subject to discussion

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The Bapo ba Mogale community in Rustenburg had not rejected an empowerment proposal from Lonmin, the platinum producer has said.

DRDGold to post interim share earnings lift

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DRDGold is to report a significant uplift in interim share earnings owing to higher gold production, the company said.

Hitachi in $19m settlement over ANC payment

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Hitachi has agreed to pay $19m to settle charges brought by the SEC following charges it paid Chancellor House $6m for the Medupi and Kusile contracts.

Congo blames Uganda for talks breakdown

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The Democratic Republic of Congo blamed mediator Uganda for the breakdown in peace talks with insurgents M23.

Acacia hedges Buzwagi gold production

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Acacia Mining said it had hedged the dollar denominated production from its Buzwagi mine in 2016 which it may extend to 2017.

Congo says Ivanhoe must have sale approved

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The Democratic Republic of Congo insists Ivanhoe Mines should win its approval before proceeding with the sale of 49.5% to Zijn Mining Group for $412m.

Davis said to be studying South32 bid

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Mick Davis, founder of X2 Resources, is considering a bid for South32 which has shed half its value since its creation was first mooted.

Oakbay seeking R800m for uranium

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Oakbay Resources and Energy plans to raise R800m on the local and international markets to fund the development of uranium production.

Kumba to post one quarter fall in earnings

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Kumba Iron Ore said it expected to post a one-fifth decline in headline earnings to R6.2bn for its 2014 financial year owing to lower iron ore prices

Jewellery demand keeps gold steady in Q1

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Demand for gold jewellery helped offset liquidations in investment products in the first quarter of 2014, said the World Gold Council.