African Barrick hails sale price as ‘progress’
The sale of shares in African Barrick by the firm's parent company for $188m was a sign of the progress the firm had made, said CEO Brad Gordon.
BSGR may call SA Govt officials in defence
BSG Resources has identified 83 witnesses, including SA government officials, in its defence against Guinea iron ore corruption allegations.
Trans Hex pays special dividend
Trans Hex is to pay a special dividend of 50 cents/share following the conclusion of a long-standing deal to buy Namaqualand Mines from De Beers
Illuka considers bid for Kenmare Resources
Australia's Illuka Resources was considering making a bid for Mozambique zircon miner Kenmare Resources.
Army seizes power in Burkina Faso
The army had seized power in Burkina Faso, the fifth largest producer of gold in sub-Saharan Africa.
Numsa accepting disaffected miners
Numsa, South Africa's largest labour organisation, says it's accepting miners who are disaffected by the platinum sector strike which is more than 10 weeks old.
Evraz may be liquidiated as funds run dry
The steelmaker is on the cusp of liquidation as R250m in emergency funding, provided by the Industrial Development Corporation, is almost exhausted.
Implats bond hints at possible fund raising
An increase in the yield on Impala Platinum's 2018 dollar convertible note was suggestive the company may return to the market for more funds.
Glencore holding gun to head: Molefe
Eskom CEO, Brian Molefe, felt as if Glencore was holding "a gun to his head" in coal contract negotiations.
More work to be done in mining: Motlanthe
Kgalema Motlanthe, deputy president of South Africa, said better planning for human settlements and improved training was needed in the mining sector.