Universal buys Exxaro’s New Clydesdale
Universal Coal said it would buy Exxaro Resources' New Clydesdale Colliery which was adjacent to its Roodekop operation.
Grindrod signs rail deal with Zambia
Johannesburg rail and shipping company Grindrod has signed a $989m rail agreement with Zambia's Northwest Rail to link mines in the country.
RBCT deliveries interrupted until Feb 9
Disruption to power cables would see coal deliveries to Richards Bay Coal Terminal interrupted until the week ending February 9, said Transnet Freight Rail.
Gordhan laments Fed decisions on rand
Finance minister, Pravin Gordhan, said the US Federal Reserve should take more account of the impact of its decisions on emerging market economies.
Private equity $8bn pool to revive sector
Some $8bn was available in private equity for merger and acquisition activity in the mining sector, and the time to spend it was fast approaching.
Platinum wage talks to resume on Feb. 4
The CCMA had made proposals that employers and the AMCU would consider for report back on February 4, it has emerged.
Sibanye to report 1.43m oz output for 2013
Sibanye Gold is expected to produce 1.43 million ounces of gold for its 2013 financial year, some 140,000 more ounces that guided in May, 2013.
Lonmin warns output targets may be dented
An extended strike would hurt production and cost guidance but in other news, Lonmin converted Pandora to new order mining rights and was progressing on its BEE plans.
JPMorgan bankers join ranks of private equity
Former JPMorgan Chase bankers Michael Scherb and Verne Grinstead raised $375m for their private equity company and want to complete a deal in Africa.
Parliament considers splitting MPRDA
The minerals committee debated whether it should divide the MPRDA amendment such that oil and gas and minerals were governed by separate legislation.