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.
Gemfields aims at ruby price lift
UK-listed semi-precious stone company, Gemfields, said it hoped in the development of a ruby mine to replicate its success in the emerald market.
South32 may buy Anglo stake in Samancor
South32 was open to buying Anglo American's stake in Samancor, the South African-based manganese producer in which it is the joint venture partner.
Plans for platinum Mandela coin hatched
Derek Engelbrecht, the outgoing marketing director of Impala Platinum, said he would break down bureaucracy in an attempt to have a platinum Mandela coin launched.
Merafe interim earnings up to 47% weaker
Merafe Resources said it will post interim headline earnings of between 4.7 cents to 5.3 cents per share weaker - a decline of up to 47% year-on-year.
Sable Pt facing cash flow crunch
Sable Platinum, a JSE-listed platinum exploration firm, said it was considering various options to raise money and would announce something in two months.
Pallinghurst still intent on platinum IPO
Pallinghurst Resources said it remained confident about the platinum market and would consider listing its Sedibelo Platinum Mines.
AMCU threatens industry wide strike
The Association of Mineworkers & Construction Union president Joseph Mathunjwa said the union would call a industry wide strike if platinum producers shut mines.
Grindrod loco lease business targets Africa
Logistics company Grindrod said its new locomotive leasing business would target companies operating in Africa where infrastructure was poor.
ICVL to build power plant at Mozi’s Benga
International Coal Ventures, the consortium that bought Benga coal mine from Rio Tinto for $50m, is to build a power station in the country.