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Nene firing slammed by analysts, opposition

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Analysts and opposition parties slammed Jacob Zuma's firing of finance minister, Nhlanhla Nene and replace him with the unknown Desmond van Rooyen.

Anglo, Implats slide down JSE index

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South Africa's mining companies continued to lose ground on the JSE with some big ticket names falling out of the top 10, 20 and 40 indices.

Amplats to sue AMCU for R600m

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Amplats is suing the Association of Mineworkers & Construction Union R600m for damages perpetrated at the firm's premises during strike action.

RBPlat to delay Styldrift 1 to 2020

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Royal Bafokeng Platinum said it had delayed the timing of its Styldrift I project reachign steady state to the first quarter of 2020.

Universal Coal to make cash distributions

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Universal Coal said it was in a position to repay shareholder loans or pay dividends following the successful ramp-up of its Kangala coal mine.

AMCU refusal creates parallel wage talks

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AMCU's refusal to hand gold industry wage talks over to the CCMA would result in parallel wage talks.

Gold producer hedge book cut 17t in Q2

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The world's gold mining sector cut forward sales of the metal 17 tonnes in the second quarter of this year.

Platinum index slumps for third day

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South Africa's platinum index continued to slide amid metal price weakness brought on by supply excess, analysts said.

Anglo urged not to issue shares for cash

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Anglo American's largest shareholder has urged the UK group not to buckle to pressure by refusing to issue shares for cash.

Aurora directors personally liable for R1.7bn

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Khulubuse Zuma and Zondwa Mandela, and three other directors of Aurora, must pay R1.7bn in liabilities incurred at two mines bought from Pamodzi Gold.