Beamish to replace Phillimore at Lonmin
Lonmin non-executive director, Brian Beamish, will replace Roger Phillimore as chairman of the platinum company from May 1.
Mozambique coal rush is officially over
Mozambique has switched its attention to developing offshore gas resources signalling the end of the country's coal rush.
Molefe appointed permanent CEO of Eskom
Brian Molefe has been made the permanent CEO of Eskom after serving in an acting capacity of the utility for several months.
Northam progress R450m Everest deal
The first R400m part of the R450m purchase of Everest mine from Aquarius Platinum by Northam Platinum had become unconditional.
NUM drops demand to 10% as strike starts
The National Union of Mineworkers has dropped its gold industry wage demands to 10% confirming the industry's belief there isn't appetite for prolonged strike activity.
Barrick’s Luwana part of $2.8bn impairments
The Canadian gold producer, which controls Acacia Mining and the Lumwana mine in Zambia, is to remove $3bn in debt in an asset clearance.
Green shoots emerge in beaten up gold sector
Sentiment in the gold sector was improving - although not pervasively so - driven by merger and acquisition activity and a view there was value in gold stocks.
SA gold miners gear up for wage talks
South Africa's gold producers were gearing up for what could be five months of gruelling wage talks, due to kick off next week.
Gold ETNs falls below 2,000 tonnes
Holdings in gold-backed exchange traded products fell below 2,000 tonnes for the first time since May, 2010 - a loss of value totalling $61bn.
RioZim seeking $1.2bn for 1,400MW plant
RioZim, a gold and diamond mining company, was hoping to sign power purchase agreements that would enable it to raise $1.2bn for a 1,400MW power plant.


















