Distress asset sales on wane: EY
An improvement in commodity prices in the second quarter of 2014 had improved the balance sheets of miners and reduced the need for distress asset sales
SA platinum may shed 122,000 jobs
South Africa's platinum sector could shed up to 122,000 jobs over the next few years, according to a prominent research strategist.
Exxaro interim earnings to be fifth lower
Interim headline earnings for Exxaro Resources ended June 30 would be about 20% lower year-on-year owing to a lower contribution from iron ore.
Mozambique’s Renamo says militias regrouping
Former militiamen of Mozambique's Renamo were regrouping in the country's Inhambane province, the party said.
Glencore strong enough to withstand market
Glencore had no solvency issues and that it was strong enough to ride out the difficult commodity markets.
Operations normalised at Northam’s Booysendal
Northam Platinum said production at its Booysendal mine in Steelpoort had been "normalised" following community protests in the area.
AMSA to seek duties on Chinese imports
Paul O'Flaherty, CEO of ArcelorMittal South Africa, wants export tariffs slapped on Chinese long and flat steel products.
Sable in MoU with CITIC for Lubu coal project
Sable Mining has signed a memorandum of understanding with China's CITIC with a view to building a 600MW coal-fired power station in Zimbabwe.
Eastplats in trading halt ahead of “news”
Eastern Platinum has requested a trading halt to its shares in Toronto and Johannesburg ahead of a news announcement.
Timis subject to proble into $50m payment
Frank Timis, chairman of African Minerals, was subject of a probe following the payment of $50m to a former buyer of the firm's iron ore.