Off The Wires

BHP may list Spinco in London

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BHP Billiton may seek a UK listing for the company it hopes to demerge later this year saying shareholders had shown a high level of interest in it.

Eskom to lose top executives

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Steve Lennon and Erica Johnson, top executives at Eskom, are to leave the company owing to "personal" reasons.

CoAL gains 12.5% on Mooiplaats sale

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Shares in Coal of Africa gained 12.5% in Johannesburg after saying it had raised R250m from the sale of its mothballed Mooiplaats colliery.

Platinum index slumps for third day

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South Africa's platinum index continued to slide amid metal price weakness brought on by supply excess, analysts said.

London Mining has options in Glencore row

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London Mining said it had other sale options after it considered termination of a 2mtpa contract to 2017 with Glencore which declined to make a prepayment.

Baxter to lead SA’s Chamber of Mines

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Roger Baxter will hold down the CEO position on an acting basis until 2015 after Bheki Sibiya assumed the position as interim chairperson of PPC, a cement maker.

Coronation lowers Master Drilling stake

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Coronation Asset Management said it had reduced its stake in Master Drilling to 12.81% which has seen its shares rise 65% since listing in December 2012.

Zesco signs power deal for $700m plant

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Zesco has signed a power purchase agreement from India's GMR Group which paves the way for a $700m coal-fired power plant in the country.

Rockwell lifts diamond sales 57%

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Rockwell Diamonds increased diamonds sales 57% in the three months ended August as its earth-moving renewal plan reaped benefits.

AngloGold bankers lose R700m in fees

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The failed $2.1bn rights issue and de-merger proposal of AngloGold Ashanti was a year of wasted efforts for the gold firm's advisers, Goldman Sachs, UBS and Rothschild.