Universal Coal to make cash distributions
Universal Coal said it was in a position to repay shareholder loans or pay dividends following the successful ramp-up of its Kangala coal mine.
SA mining output hits low for year
South African mining production contracted unexpectedly by 4.8% in September — its lowest level in a year — compared to a year ago.
Rescue halted as miners fear arrest
Illegal miners are refusing to be rescued following the collapse of the gold mine shaft they had occupied because they fear arrest.
De Beers hopes to explore in Angola
De Beers said it had applied for an exploration concession in Angola and hoped to also start exploration in India.
HCC to launch rights issue to pay debt
Hwange Colliery Company said it was investigating a rights issue and private placement of its shares in order to convert government debt into equity.
Anglo should cut interim dividend: Investec
Mark Cutifani's Anglo American ought to cut its interim dividend amid a slump in the commodity market, said Investec Securities.
Guinea puts Simandou out to tender
Guinea has put the rights to the Simandou iron ore prospect, formerly owned by BSG Resources and Vale, out to tender with ArcelorMittal and Glencore interested.
Kenmare follows Sasol in SA repatriation
Kenmare Resources has temporarily repatriated South African employees amid fears of reprisals for xenophobic attacks in South Africa.
African Minerals’ Timis confident on deal
Frank Timis, chairman of African Minerals, said a deal with China's Tewoo would be completed despite "outstanding commercial terms".
AMCU demands double in Amplats pay
The Association of Mineworkers and Construction Union has demanded a doubling in pay for Amplats workers to an estimated R12,000 per month.