Iron ore racks up record volatility
Prices for iron ore reached record levels of volatility with the mineral expected to slide in and out of $40-$50/t territory for most of the year.
Eskom to borrow from Brics bank
Eskom will borrow from the newly created Brics development bank when it is fully operational, said Brian Molefe, acting CEO of the utility.
RBPlat in ‘amicable settlement’ with SARS
Royal Bafokeng Platinum said it had reached an "amicable settlement" with the South African Revenue Service.
Atlatsa to voluntarily delist from New York
Atlatsa Resources said it had voluntarily decided to delist its shares from the New York Stock Exchange.
Wescoal to produce 350Kt in Q4
Holdings said it was on course to produce 330,000 tonnes of coal during the final quarter which would take full-year output to 4 million tonnes annualised.
Gold miners to cut forward sales further
The world's gold mining companies are reticent to lock in the current price of the metal and will cut 2.2 million ounces of gold from their hedge books.
Anglo should cut interim dividend: Investec
Mark Cutifani's Anglo American ought to cut its interim dividend amid a slump in the commodity market, said Investec Securities.
Audit shows AMCU membership little changed
An audit by South African gold producers has shown "little change" in the disputed membership numbers of the AMCU.
NUM losing ground in SA gold sector
The National Union of Mineworkers is keenly feeling the growing opposition of the Association of Mineworkers & Construction Union, according to recent data.
Kumba, Anglo, Lonmin shredded as worries grow
Shares in Kumba Iron Ore were 6.54% lower in Johannesburg yesterday taking the Anglo American listed subsidiary's losses to nearly 22% in a week.