Grindrod to press on with terminal
Grindrod in joint venture with RBT in RBTGrindrod Terminals would press on with a 4.5 million tonnes/year coal terminal expansion despite the low price of coal.
Village get Heaven-Sent cash bid
A Chinese investment firm called Heaven-Sent has bid R637m in cash for Village Main Reef, a 46% premium to the firm's 30-day share price average.
Baroka Platinum to bid R3bn for Atlatsa stake
Baroka Tribal Mining will be assisted by the Public Investment Corporation in a R3bn bid for Amplats' 49% stake in Atlatsa Resources.
Zambia’s Lungu urges royalty settlement
Newly elected Zambia president, Edgar Lungu, said a dispute with miners over royalties ought to be settled as soon as possible.
AMSA narrows year-end losses
ArcelorMittal SA said it would narrow its losses year-on-year but parent company, ArcelorMittal, suffered a downgrade in its credit rating.
Nersa allows Eskom more OCGT use
Eskom will be allowed to operate open cycle gas turbines for longer with the approval enabling it to recover the extra cost from tariff increases in 2016/17.
Copper up on oil price gains
Another day of improved oil prices helped copper to a 1.1% increase with analyts saying the outlook for the commodity was helped by better energy prices.
Botswana budget surplus to widen
Botswana would produce a modest surplus this year despite a slow-down in diamond sales, the country's finance minister said.
Congo contracts being kept under wraps
Some 62 contractual documents relating to mining projects in the Congo had not been made fully available to the public, said the Carter Centre.
Anglo facing credit downgrade
Anglo American was facing a downgrade of its credit rating following the 16% decline in copper last month and news it would impair assets.