AMSA narrows year-end losses
ArcelorMittal SA said it would narrow its losses year-on-year but parent company, ArcelorMittal, suffered a downgrade in its credit rating.
BHP’s Mackenzie alludes to possible dividend cut
BHP Billiton CEO, Andrew Mackenzie, alluded to the possibility the group could cut its dividend when it announces its financial figures in February.
Outlook not good for gold: analysts
Low global inflation and an improving US economy was likely to spell bad news for the world's gold producers who benefit when economic conditions worsen.
Marampa stopped amid possible sabotage
Production at the Marampa iron ore mine in Sierra Leone has been stopped following unverified reports of sabotage, said Cape Lambert Resources.
Eskom’s Dames says gas an alternative
Eskom CEO, Brian Dames, has once again raised the prospect that shale gas could provide a valid solution to South Africa's power requirements.
Zamiba may cut royalties further
Zambia may further reduce royalties payable on underground mining activities to below the recently restated 9%.
Ramon to replace Duffy as AngloGold CFO
Christine Ramon, formerly of Sasol, has been appointed CFO of AngloGold Ashanti replacing Richard Duffy.
Molefe says miners underpay coal juniors
A bruising battle between Transnet CEO, Brian Molefe, and shareholders in RBCT continued with Molefe saying miners underpaid junior coal miners.
Froneman sceptical of listing platinum mines
Sibanye Gold CEO, Neal Froneman, said listing Amplats' non-core assets was a bad idea as they were loss-making and would fail to attract investment.
Govt equity can protect private sector
Giving governments a stake in investments proved to protect the private investment sector against deal renegotiation, Columbia University has found.