Rio Tinto to combine with Savannah in Mozi
Rio Tinto will combine its heavy mineral sands project in Mozambique with those of Savannah Resources.
Iron ore heading back below $50/t
The price of iron ore was heading back below $50 per tonne, according to a report by Goldman Sachs.
Green shoots emerge in beaten up gold sector
Sentiment in the gold sector was improving - although not pervasively so - driven by merger and acquisition activity and a view there was value in gold stocks.
Eskom to tap international bond markets
Eskom would seek finance from international bond issues including Islamic bonds or sukuks and would cut its proposed tariff application by 2.5%.
Universal bags R525m loan for NCC
Universal Coal said it had secured R525m in debt from Investec Bank to fund the second phase of its New Clydesdale Colliery.
Resgen $400m finance talks plod on
Resource Generation said a proposed financing structure, currently under negotiation with a club of financiers, would remove the need to issue equity.
SA gold sector confident on wage talks
Graham Briggs, CEO of Harmony Gold, said the gold industry wanted to start a conversation on wages that would help the sector for "decades to come".
Buffalo shareholders approve loan changes
Shareholders in Buffalo Coal Corporation approved the increase in a convertible loan to $29m from $25m previously.
Power costs biggest challenge in Zambia
One of the biggest challenges facing Vedanta Resources in Zambia was the high cost of electricity.
Palladium facing 10% price slip by year-end
An increase in newly mined supplies of palladium from South Africa and record supplies from recycling could see the metal trading at $650/oz by year-end.