Harmony to write down up to $280m
Harmony Gold is the latest gold company to impair assets saying it would write down up to $280m of which the bulk was Hidden Valley in Papua New Guinea.
Coal prices to rise 40% by 2020: IEA
The price of coal could rise 40% to $100/t by 2020 as high cost mines are shut and demand starts to increase, the International Energy Agency said.
Ramaphosa to stay in ‘unregulated’ industry
Cyril Ramaphosa will establish blind trusts to manage extant investments in unregulated industries while selling investments in regulated industries to the Pembani Group.
Blyvoor focus of ‘urgent’ ministerial meeting
The humanitarian crisis at west Johannesburg mine, Blyvooruitzicht, would be the focus of an urgent meeting led by Ngoako Ramatlhodi, SA's mines minister.
CoAL’s Brown of “the right calibre”
Coal of Africa CEO, David Brown, may need R5.5bn to build the firm's Makhado coking coal project, but he was "the right calibre" of manager to achieve it.
Baroka Platinum to bid R3bn for Atlatsa stake
Baroka Tribal Mining will be assisted by the Public Investment Corporation in a R3bn bid for Amplats' 49% stake in Atlatsa Resources.
BHP’s Mackenzie slams iron ore inquiry
An inquiry into Australia's iron ore industry would send the wrong signal to international customers about the country's commitment to free trade.
Mugabe condemns Russia sanctions
Robert Mugabe, Zimbabwe prime minister, said UN sanctions against Russia for its role in Ukraine was the work of "evil men".
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.
Yellen stimulus comments boost gold
Comments from Federal Reserve chairperson nominee Janet Yellen that economic stimulus should not be removed too quickly helped support gold.