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BHP hits 7-year low on dividend fears

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Concerns about the ability to pay a progressive dividend have have hit the shares of BHP Billiton which have hit a seven-year low.

CoAL to receive $14m tranche in April

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Coal of Africa said the final $14m installment in a $70m of equity finance would be completed by April with funds being used to settle "historic" obligations.

Platinum heading for longest losing streak

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Platinum was heading for its longest run of quarterly losses in 18 years having fallen every quarter since June last year - and the outlook was not good.

More defects at Eskom’s Medupi

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Hitachi Power Africa said it had detected a number of defects in the welding of a the first of Medupi's boilers to be commissioned.

Zim to auction Marange diamonds

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Zimbabwe would set up a diamond auction system similar to the Antwerp diamond bourse in an effort to generate greater profits from its natural resources.

DiamondCorp to issue £4m shares in book-build

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DiamondCorp would issue shares and received formal approval from the Industrial Development Corporation to reschedule a loan following delays at Lace mine.

DTI’s Rob Davies assisted Zwane in drafting Mining Charter 3

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THE Department of Trade and Industry (DTI), led by its minister, Rob Davies, was instrumental in assisting mines minister, Mosebenzi Zwane, in the controversial...

Glencore share option restaints to expire

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Restraints on the sale of shares awarded to Glencore executives when the Swiss commodity group listed in 2013 expire next week.

Vele’s development costs soar

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Coal of Africa says the cost of developing its Vele Colliery in Limpopo had increased by 27%, due to delays caused by the suspension of development at the mine.

SA platinum output to fall 600,000 oz in 2016

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South African platinum production would fall by 16% in 2016 and 2017 as capital investment in the sector declined, said the World Platinum Investment Council.