Zuma urges shake up of energy sector
South African president Jacob Zuma said the country's energy sector was due a radical shakeup to accommodate nuclear and "game-changing" shale gas.
Anglo may sell $1.4bn Rustenburg mines
Anglo American could increase the value of its stock 13% were it to sell its $1.4bn Rustenburg platinum mines, according to a report by Deutsche Bank.
First Quantum paid $500m dividend: sources
Toronto-listed First Quantum Minerals had paid a $500m dividend from its Zambian copper unit, according to market speculation.
AMCU members, firms to reflect on losses
Neither striking workers nor their employers in the platinum sector will reflect on a 21 week long strike positively, said Goldman Sachs in a recent report.
NUMSA plans national strike to change mining
The National Union of Metalworkers of South Africa is planning a one day national strike to press home changes to the mining sector including increased beneficiation.
Zuma to comfort investors as address looms
President Jacob Zuma will aim at comforting investors following negative newsflow from South Africa including load-shedding and a 21 week platinum strike.
Platinum firms won’t rush to restructure
South Africa's platinum companies would not rush to restructure their mines in a return to work from a strike that was complex.
Guinea approves $20bn Simandou proposal
Guinea has approved the $20bn development of a portion of its Simandou iron ore prospect involving Rio Tinto, Chinalco and the World Bank's IFC.
SA downgraded to one level above junk
Standard & Poor's and Fitch downgraded South Africa's credit ratings partly owing to the effects of a five-month long strike in the platinum sector.
Platinum sector restructuring inevitable
Restructuring in South Africa's platinum sector was inevitable, according to analysts polled by Bloomberg News.