Sibiya warns against MPRDA changes
Bheki Sibiya, CEO of the Chamber of Mines, has warned against under-estimating the negative impact of proposed amendments to the MPRDA.
Ivanhoe waiting on DRC proposal response
Robert Friedland, executive chairman of Ivanhoe Mines, said he was waiting on a response from the DRC government regarding a proposal to sell it 15% in Kamoa.
Gemfields hoping to resume offshore auction
UK-listed Gemfields said it hoped to resume offshore auctions as there was no law preventing it from selling its precious stones in this way despite Zambia objections.
AngloGold tipped for asset clear-out
AngloGold Ashanti would seek asset sales in order to reduce debt which at $3.2bn was more than any of the major gold producers.
BHP to protect balance sheet after downgrade
BHP Billiton, the world's largest mining group, said it was committed to maintaining its strong balance sheet "through the cycle".
Cutifani’s Anglo succeeds or is lunch
Paul Gait, an analyst at Sanford C. Bernstein said Anglo American is either turned around or it will be bought out "in fairly short order".
Union Resources bids $136m for Amplats mine
Union Resources, a company representing a group of South African investors, has bid $136m for Anglo American Platinum's Union mine.
Eskom pay talks referred to CCMA
Wage talks between Eskom and employees has been referred for mediation at the Commission for Conciliation, Mediation and Arbitration after a deadlock was declared.
Paladin shares hit as seeks debt reduction
Shares in Sydney-listed Paladin Energy fell the most in 13 years as it sought to shore up its heavily indebted balance sheet.
Wescoal’s Elandspruit on track for 170kt
Wescoal Holdings said its Elandspruit project was on track to produce 170,000 tonnes per month of coal "well before the end of the year".