Gold Fields’ South Deep facing suspension
South Africa's Department of Mineral Resources says the gold producer has failed to show evidence of a programme of mentorship and may suspend South Deep.
Ramaphosa tried to defuse Marikana tension
Cyril Ramaphosa said he attempted to defuse escalating tensions at Lonmin's operations before violence broke out at the platinum firm's Marikana operations.
Distress asset sales on wane: EY
An improvement in commodity prices in the second quarter of 2014 had improved the balance sheets of miners and reduced the need for distress asset sales
Petra content with “baked-in” growth
Johan Dippenaar, CEO of Petra Diamonds, said the company was happy to stick to growth plans for a 60% increase in production and doubling in revenue.
CoM keen to respond to Transnet call
The Chamber of Mines said it was interested in a call from Transnet to help it fund a R100bn infrastructure expansion, saying the mining sector would be enhanced.
Timis subject to proble into $50m payment
Frank Timis, chairman of African Minerals, was subject of a probe following the payment of $50m to a former buyer of the firm's iron ore.
Transnet secures R6bn funding guarantee
Transnet has secured a R6bn funding guarantee for the purchase of diesel locomotives, described by CEO, Brian Molefe, as "a massive thumbs-up" for the utility.
Rios may launch share buy-back
Rio Tinto may launch a share buy-back programme as it delivers on promises to return value to investors, an analyst said.
Wescoal to extend Intibane colliery
Wescoal Holdings is to buy a mining right for just under R8m that will extend the life of its Intibane colliery by 2.25 million tonnes.
Ebola, lower prices smack African Minerals
A combination of lower iron ore prices and the outbreak of the Ebola virus which had killed 211 people in Sierra Leone were behind the slump African Minerals shares.