Alcoa to divide in shareholder value drive
Alcoa is to break up into two in an effort to unfetter its faster growing plane and car business from its traditional aluminum smelting operations.
CoAL’s Vele faces new environmental appeal
Opposition to Coal of Africa's Vele colliery, in SA's Limpopo province, would appear to be unstinting with a fresh appeal against the operation lodged in April.
Resgen appoints interim CEO after coup
Resource Generation, a coal development firm, said it had appointed Robert Lowe as its interim CEO following the resignation of Paul Jury on November 26.
Illuka considers bid for Kenmare Resources
Australia's Illuka Resources was considering making a bid for Mozambique zircon miner Kenmare Resources.
CoAL concludes Yishun share placement
Coal of Africa has completed a share placement and loan agreement with China's Yishun Brightrise Investment raising a combined $24m for its Makhado project.
GlencoreXstrata to make JSE debut Nov 13
GlencoreXstrata confirmed it would be making its debut on the JSE on November 13 following approval by the South African bourse.
BHP Billiton turns in strong output figures
BHP Billiton produced a strong first half production performance and said volumes would grow an aggregate 16% over the next two years.
QKR sells 7.5% in Navachab to Epangelo
QKR Corporation, founded by former banker Lloyd Pengilly, has sold a 7.5% stake in its recently purchased Navachab mine to Namibia's Epangelo Mining.
Goldrich auditor alleges fraud, money laundering
A forensic auditor at Goldrich Holdings, a company operating the Blyvoor gold mine, said he had alerted SARS to potential fraud and money laundering within the company.
Resgen says debt, equity markets difficult
Resource Generation said that the decline in coal prices from about 2008 had made the debt and equity markets difficult to work in.