Write-downs mar Aquarius Pt record output
Write downs on the carrying value of Blue Ridge and Sheba's Ridge doubled the firm's net loss and offset the effects of record production.
PGM pessimism over-cooked, copper strong
Whilst there were problems in the platinum sector, there were reasons to be cheerful, analysts said, adding that the prospects for copper were also sound.
Northam in R450m swoop on Everest mine
Northam Platinum is to buy the mothballed Everest mine from Aquarius Platinum taking output 250,000 ounces a year higher.
Ramatlhodi grasps nettle on wealth gap
Ngoako Ramatlhodi, South Africa mines minister, unveiled a number of plans to narrow the wealth gap including special economic zones
Amplats sets about 20-year technology leap
Anglo American Platinum CEO, Chris Griffith, said urgent modernisation of the industry is required to arrest the effects of mining inflation.
“Nothing to support iron ore” in 2015: Kumba
Norman Mbazima, CEO of Kumba Iron Ore, was bleak on the prospects for the mineral in 2015 saying the price was unlikely to improve.
Randgold’s Bristow says time to buy is nigh
Mark Bristow, CEO of Randgold Resources, has made a habit out of M&A caution, but the gold industry is so indebted currently, that the time has come to buy.
Briggs downplays gold consolidation options
Consolidation in the South African gold industry was not on Harmony Gold CEO, Graham Briggs agenda as it attempts to fix the firm's operational problems.
AMCU gold sector influence rapidly growing
However, gold company CEOs Graham Briggs and Neal Froneman don't think the union will be strong enough to force a long strike when wage talks roll around.
Amplats’ Unki threatened by Zim 15% levy
Anglo American Platinum would halt an expansion of its Unki mine in Zimbabwe were the country to proceed with a 15% export levy, the company said.