Tegeta R2.15bn bid for Optimum approved
South Africa's competition authorities approved the R2.15bn takeover of Optimum by Tegeta Exploration & Resources provided it did not involve retrenchments.
Ivanhoe may sell Kamoa stake to Chinese
Robert Friedland's Ivanhoe Mines may sell a stake in its Congo project Kamoa to China National Gold Corporation, or a stake in itself.
Kasongo to get $20m for DRC tin ambition
The former deputy mines minister of the Congo, Victor Kasongo, hopes to activate a $20m loan by tying up a 190 tonnes/month tin offtake agreement.
Skweyiya questions PetroSA appointment
The appointment of Tshepo Kgadima to the board of PetroSA has been questioned by a former business associate, Zola Skweyiya.
Ramontja not a director of PAMDC
Thibedi Ramontja, director-general of the Department of Mineral Resources, resigned from the PAMDC in 2011.
Universal Coal granted permit for Roodekop
Universal Coal was granted an integrated water use licence for its Roodekop project in Mpumalanga province. The project will double output to over 4mtpa.
Northam concludes R450m Everest deal
Northam Platinum has concluded the purchase of the Everest mine from Aquarius Platinum following consent for a change of control from the government.
Worst is over for global coal sector
The slump in prices in the coal sector may have bottomed out owing to cuts in production with a turnaround imminent, said Peabody Coal Corporation.
Iron ore price to fall below $60/t
Prices for iron ore were set to tumble in 2015, according to a research note by Citigroup which said there was still a long way to go in the bear market.
Platinum firms give support to CCMA
South Africa's platinum producers gave their support to the Commission for Conciliation, Mediation and Arbitration for its work in attempting to resolve a strike.