Anglo facing credit downgrade
Anglo American was facing a downgrade of its credit rating following the 16% decline in copper last month and news it would impair assets.
Euromoney to transform Mining Indaba
Euromoney Institutional Investment said it would transform the Mining Indaba conference which it bought earlier this week for $78m.
Amplats maintains Q2 contract deliveries
Anglo American Platinum delivered into all its contracts in the second quarter despite losing 40% of production from the strike over wages.
AngloGold halts Blyvoor 5 shaft pumping
AngloGold Ashanti has stopped pumping activities at Blyvoor 5 shaft but will keep dewatering its neighbouring Savuka shaft by pumping two other Blyvoor shafts.
O’Flaherty resigns CEO position at AMSA
Paul O'Flaherty is to resign as CEO of ArcelorMittal South Africa effective February 12, the steelmaker said citing "personal reasons" for the departure.
Miners ‘flirting’ with AMCU: Nzimande
Blade Nzimande, leader of the South African Communist Party, has accused mining companies of trying to fragment Cosatu by aligning with rival union groups.
VMR’s Dippenaar says firm survived
Ferdi Dippenaar, CEO of Village Main Reef, said during the release of the firm's interim results that the company had survived a restructuring process.
Hummingbird raises £3.5m, ups Yanfolila value
Hummingbird Resources raised £3.5m in an issue of shares and said improved pit designs would improve returns from its Mali project, Yanfolila.
Platinum cartel proposal unfeasible
Plans for a platinum cartel have been dismissed as unworkable as it would break international trade regulations and negatively affect employment in the sector.
Wescoal to produce 350Kt in Q4
Holdings said it was on course to produce 330,000 tonnes of coal during the final quarter which would take full-year output to 4 million tonnes annualised.