BHP ups half-year earnings a surprise 31%
BHP Billiton delivered much-promised earnings for the half year taking the stock to a one year high. The performance was related to its iron ore production.
Cosatu condemns platinum miner dismissal
Cosatu said it would take Lonmin to the CCMA after it dismissed 235 workers on strike would were employed under the essential services category.
Transnet confident on export coal volumes
Transnet said it expected to move about 75 million tonnes of export coal in its 2016 financial year despite a pricing bloodbath in the coal market.
Developmental pricing a ‘deal-breaker’: CoM
Roger Baxter, COO of the Chamber of Mines, said imposing developmental pricing would be "a deal-breaker" for the South African mining sector.
Antwerp group to sell 12m in Zim diamonds
The Antwerp Diamond Centre wants to sell 12 million carats of diamonds mined from Zimbabwe this year.
Marikana a collective failure: Ramaphosa
Cyril Ramaphosa, South African deputy president, said the Marikana atrocity in 2012 represented a collective failure affecting the whole nation.
Pressure grows in Zim on platinum miners
Zimbabwe has reiterated its view that it will not pay for mines in the country in terms of its proposed indigenisation strategy.
DRC wins right to sell First Quantum assets
An international court has rejected a bid by miner First Quantum Minerals to fully protect its disputed Congolese assets.
Miners facing new wave of write-downs
Miners will be pushed into a new wave of write-downs and dividend cuts, but BHP Billiton may be able to maintain its progressive dividend policy.
RBPlat gives nod to R2.8bn housing plan
Royal Bafokeng Platinum has given its in-principle approval for a 3,100 housing plan costing R2.8bn pending establishment of ring-fenced developmental finance.