Vavi can’t defend Cosatu expulsion order
Cosatu general-secretary, Zwelinzima Vavi, said he could not support his organisation's decision to expel Numsa, its largest member.
Hwange to tackle $70m debt in rights offer
Hwange Colliery would seek capital from shareholders to help it restructure $70m in debt and pay employees amid a decline in the coal price.
Busa to ask SA Govt. to postpone nuclear
Business Unity South Africa wants the South African government to stick by the recommendations of the National Development Plan in respect of nuclear power.
Namibia hopeful of year-end diamond deal
Namibia's energy and mines minister said a new diamond sales deal with De Beers would be concluded before the end of 2014.
SA, Russia to hold platinum talks in 2015
South Africa and Russian are to hold a meeting next year to which firms, traders and consumers will be invited to find ways to support platinum group metal prices.
Iron ore price to fall below $60/t
Prices for iron ore were set to tumble in 2015, according to a research note by Citigroup which said there was still a long way to go in the bear market.
Two-tier gold industry emerging as gold falls
Seven of 19 gold producing companies tracked by Bloomberg News was losing money at $1,137/oz and was leading to development of a two-tier sector.
African Barrick to change name to Acacia
African Barrick is to change its name to Acacia Resources assuming shareholders approve the change at a meeting scheduled for November 26.
Oil, currency give cold comfort to gold firms
A 30% decline in the oil price and the weakening of currencies against the US dollar, which was forcing the gold price down, offered some relief to gold firms.
Firestone raises $5m in convertible notes
Firestone Energy said it had raised $5m in convertible notes for its Waterberg Joint Venture through a private investment fund.