Rockwell gains 16% after R72.6m BEE boost
Shares in Rockwell Diamonds gained 16% in Johannesburg after news it had found a new empowerment partner.
Six injured at Amplats Rustenburg mine
Six miners suffered "minor injuries' following a mild tremor measuring 2.8 on the Richter scale at the Siphumelele mine of Anglo American Platinum.
Shareholders in Northam pass on rights issue
Less than half of shareholders in Northam Platinum preferred not to take up shares in a rights issue which raised R600m.
AMSA boss Nyembezi-Heita quits firm
Nonkululeko Nyembezi-Heita, CEO of ArcelorMittal South Africa, has announced her resignation effective February 18. Shares in the company fell 1.58%.
Gold producers unlikely to turn to hedging
The gold sector was unlikely to return to large scale hedging, said Barclays. This was despite comments by Barrick Gold that it could be worth considering.
Fenxi to develop 400mt coal in Kenya
China's Fenxi Mining Industry has signed a concession with Kenya to develop a 400 million tonne coal deposit in the east Africa country.
JSE to pause trade in Nelson Mandela tribute
The JSE said it would pause trade for five minutes at 11am in tribute to Nelson Mandela, the former president of South Africa.
Harmony ordered to pay clean-up costs
Harmony Gold has been ordered to contribute towards rehabilitation costs at land it sold to Pamodzi Gold about five years ago, a Court of Appeal has ruled.
CCMA meeting fails to end Northam strike
A meeting convened by the Commission for Conciliation, Mediation and Arbitration has failed to bring a strike at Northam Platinum's Zondereinde mine to a close.
Glasenberg’s Glencore betting on coal
Ivan Glasenberg's Glencore Xstrata was betting on a recovery in the thermal coal market even though the firm's rivals had cut or suspended investment in the sector.