Somkhele fires Petmin to 60% earnings rise
Petmin said headline earnings for the year ended June 30 would be about 60% higher coming in at some 24 cents per share.
ANC to urgently end BEE industry standoff
The ANC resolved at its national general council meeting to urgently end a standoff with the mining sector over black empowerment requirements.
Lonmin facing refinancing challenge
Shares in Lonmin fell under renewed pressure amid speculation the company would tap investors for cash.
SA gold firms say asset mergers possible
Harmony Gold and Sibanye Gold recognise the potential merits of asset mergers amid a poor dollar gold price.
MacKenzie reins in BHP Billiton capex plans
Newly appointed BHP Billiton CEO, Andrew Mackenzie, said the company would rein in capital expenditure to $15bn a year in about two to three years.
Ferrochrome price 11.5% lower for Q1
First quarter European benchmark ferrochrome prices were settled at $0.92c cents per pound (c/lb), a decline of 11.5% against the fourth quarter prices.
Zambia investment firm ZCCM urged to list
A private investment company in Zambia is being urged to list, preferably in London while private investors also want their representative elected to the board.
Northam credit upgraded after R6.6bn BEE deal
Northam Platinum's credit rating was upgraded by owing to balance sheet improvements, increased output, and a three-year wage deal at Zondereinde.
Seifsa sets July 25 deadline to end strike
Steel and Engineering Industries Federation of South Africa has given unions until July 25 to agree to a government-sponsored wage proposal.
Amcu positive on Amplats restructuring
Jimmy Gama, treasurer for the Associated Mineworkers & Construction Union said he was optimistic job losses could be yet further minimised at Amplats.