Rand may test R7.50 level
The rand has weakened against the dollar and looks set to hit a new year low above R7.50/dollar.
Sandvik predicts metals Q3 weakness
Swedish engineering firm Sandvik said metals prices would be weaker in the third quarter but generally the markets were in decent shape.
Zim mines minister calls for calm
Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.
Deals too expensive, says Anglo’s Carroll
Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.
Macozoma: beneficiation needs power surety
Abundant electricity and clarity on the costs thereof are prerequisites for the formation of downstream beneficiation industries, says Tshipi e Ntle chair Saki Macozoma.
Rand slides on Euro nerves, poor growth
The rand slide to 7.4 against the dollar, a decline of 1.7% on Wednesday in nervous trade ahead of more European talks on Greece's debt and weakening domestic growth in South Africa.
Fedusa: Govt not serious about acid water
The Federation of Unions of SA has accused the government of not addressing the threat of acid mine drainage.
Petmin drives its diversification strategy
Petmin has sold its Samquarz silica mine at a handsome profit as it diversifies into commodities such as iron ore and copper where chairman Ian Cockerill believes future profits lie.
Guinea to review mining contracts
Unconscionable provisions in mining contracts conducted with Guinea's former government would be overturned in a comprehensive mining review announced by the country's mines minister.
SA economy sheds more jobs
Another 49,306 jobs were lost in August, the fourth consecutive monthly decline, while only government created jobs, according to the latest Adcorp Employment Index.