Petmin shrugs off lower anthracite sales
Petmin shrugged off the effects of lower demand for anthracite to post a strong 29% increase in interim profit.
African Minerals slides into administration
African Minerals is to appoint administrators after failing to repay Shandong Iron and Steel Group, its main lender and partner in the Tonkolili project.
Oversupply to continue, says BHP’s Mackenzie
BHP Billiton CEO, Andrew Mackenzie, said the oversupply of commodities that was depressing prices would continue for some time.
Uncertainty in Namdeb diamond sale talks
The Namibian government said it was uncertain when it would strike an agreement with De Beers on a new marketing sales deal for Namdeb.
Coal market to be 10mt over-supplied
The global thermal coal market would be over-supplied by about 10 million tonnes this year, said Reuters citing analysts and traders.
Govt equity can protect private sector
Giving governments a stake in investments proved to protect the private investment sector against deal renegotiation, Columbia University has found.
SA’s SDT refuses to disclose buyers of gems
The State Diamond Trader responded to parliamentarians' demands for details on its clients saying it was not in the public interest to provide those details.
Palabora sells 26% to BEE group
-- SOUTH Africa's largest copper miner Palabora Mining Company said on Monday it is to sell 26% of its operations to a broad-based...
Platinum output in May at record low
Platinum production fell 49% in May as a consequence of the strike in the sector, said Statistics SA.
Amplats facing protracted asset sale process
The divestment of Anglo American Platinum's non-core Rustenburg assets was likely to be protracted, said analysts.