Hitachi in $19m settlement over ANC payment
Hitachi has agreed to pay $19m to settle charges brought by the SEC following charges it paid Chancellor House $6m for the Medupi and Kusile contracts.
Keaton to receive bid for Leeuw Mining
Keaton Energy said it had received an offer for its shares in Leeuw Mining and Exploration, the company through which it owns Vaalkrantz, an anthracite mine.
Master Drilling defies downturn with profit
Master Drilling Group defied the slide in commodity prices and business activity in the mining sector by posting an 11% increase in interim taxed profits of $10.4m.
Goldplat working on West Africa expansion
Goldplat said it had conducted "numerous high level discussions" with parties aimed at expanding its business in the West African region.
Ivory Coast a “genuine win-win”: Bristow
The revision of Ivory Coast's mining code represented a "genuine win-win", but its geological data had to be improved, said Randgold Resources CEO, Mark Bristow.
Ferrochrome price trimmed 3.7% in Q4
The European benchmark ferrochrome price had been settled at 104 US cents per pound (c/lb) in the fourth quarter, a 3.7% decrease quarter-on-quarter.
Molefe appointed permanent CEO of Eskom
Brian Molefe has been made the permanent CEO of Eskom after serving in an acting capacity of the utility for several months.
Caterpillar to cut 10,000 jobs by 2018
Machinery maker Caterpillar is to cut up to 10,000 jobs over the next four years following the collapse in the price of crude oil.
Coal prices to fall as India throttles back
The price outlook for coal through to 2018 has worsened owing to falling demand for imports from India which was increasing domestic production.
Gold producer hedge book cut 17t in Q2
The world's gold mining sector cut forward sales of the metal 17 tonnes in the second quarter of this year.