R&E shareholders approve settlement
Randgold & Exploration shareholders gave their approval to a R150m settlement with auditing firm PwC dating back to a dispute relating to the late Brett Kebble.
Low oil price no panacea, Nick Holland
The low oil price might give companies operating in Africa a boost, but it was unlikely to stay at its current levels, said Gold Fields CEO, Nick Holland.
Grindrod loco lease business targets Africa
Logistics company Grindrod said its new locomotive leasing business would target companies operating in Africa where infrastructure was poor.
Protests disrupt Amplats’ Mogalakwena mine
Anglo American Platinum's Mogalakwena mine was operating on a skeleton staff after protests by the local community disrupted attendance.
Zuma implicit in Eskom inquiry
South African president Jacob Zuma is said to have had a direct hand in calling for an inquiry at Eskom which saw four executive suspended.
Motsepe to keep ARM’s 14.6% stake in Harmony
Patrice Motsepe, executive chairman of African Rainbow Minerals, does not intend to sell the firms 14.6% stake in Harmony Gold despite poor trading conditions.
Acacia swings into $197m full-year net loss
Acacia Mining suffered a heavy $197m net loss for its 2015 financial year, but it kept its dividend unchanged with the previous year.
Guptas deny coal to Eskom failed quality tests
The Gupta family has denied it coal it supplied to South African power utility, Eskom, had failed four quality tests as reported by the Sunday Times.
Ivory Coast a “genuine win-win”: Bristow
The revision of Ivory Coast's mining code represented a "genuine win-win", but its geological data had to be improved, said Randgold Resources CEO, Mark Bristow.
ContiCoal appoints board to study funding
Continental Coal has appointed a special board committee to review several offers to refinance its $15m in convertible debentures.