SA energy firms left in parliamentary limbo
Energy companies in SA were in limbo after a proposed law that would give the country's government a 20% stake in new ventures remained stuck in Parliament.
Ferrochrome price 11.5% lower for Q1
First quarter European benchmark ferrochrome prices were settled at $0.92c cents per pound (c/lb), a decline of 11.5% against the fourth quarter prices.
Ivanhoe to plough $61m into Platreef
Ivanhoe Mines would use $61m of some $412m received from China's Zijin Mining Group for the development of the Platreef project in South Africa.
Mining distress leaves vacuum for private equity
Distress in the world's mining sector was leaving the door open to private equity which has seen an opportunity to buy assets.
De Beers picks Patel for CFO role
De Beers appointed former Anglo American head of corporate finance, Nimesh Patel, as its CFO.
Arnot closure would be “a calamity”: NUM
The possible closure of the Arnot colliery following a dispute between Exxaro and Eskom would be a calamity, said the National Union of Mineworkers.
Rio to cut spending $500m to $5bn in 2016
Anglo-Australian mining group, Rio Tinto, expected its 2016 capital spending budget to fall by $500m to $5bn.
M&G to buy $3m in Coal of Africa shares
Coal of Africa said it was fully funded ahead of its $91m bid for Universal Coal after M&G Investment Management agreed to buy $3m worth of CoAL shares.
Coronation bets on SA mining sector prospects
There was a disconnect between price and value in the mining market currently with the sector offering strong long-term prospects, said the asset manager's CIO.
De Beers to put Snap Lake into mothballs
De Beers has put its Snap Lake diamond mine in Canada into mothballs with the loss of some 434 jobs, the diamond company said.