Simmers drops proposed rights issue
The Simmers board has opted not to go for a planned rights issue and will instead raise funds required to pay back a R220m loan through a sale of notes as well as cash flow.
Anglo sells Aussie coal assets for $500m
Resources giant Anglo American has agreed to sell its interests in five underdeveloped coal assets in Australia for about $500m.
Rio Tinto completes Alcan Packaging divestment
Resources giant Rio Tinto has wrapped up the divestment of its Alcan Packaging business with the completion of sales of its two outstanding assets.
Indian firms rescue SA coal juniors
Both Homeland Energy and South African Coal Mining Holdings are being rescued financially by their new, controlling Indian shareholders.
Shanduka workers down tools
Hundreds of workers at Shanduka Resources' coal mines have downed tools claiming the company had to centralise its bargaining in order to harmonise working conditions at all collieries.
Miners agree to cut ferrochrome price
Ferrochrome producers in South Africa, the world's largest producer, have agreed to a 4% fall in the third quarter contract settlement price, Merafe Resources says.
AngloPlat still out in the cold
Anglo Platinum has still not converted any of its old order mining rights into new order mining rights more than two years after Anglo American CEO Cynthia Carroll reckoned the situation was sorted.
Shiva Uranium wastes no time cutting jobs
Shiva Uranium, who took over Uranium One's Dominium Reefs Mine, has wasted no time cutting jobs at the mine despite promising the Competition Commission that no job losses would result from the takeover.
Aquarius implements safety review at Blue Ridge
Aquarius Platinum has undertaken a critical and comprehensive review of the mine plan and safety procedures and practices at the Blue Ridge Platinum Mine in Mpumalanga following two fatal accidents that occurred at the mine in the past month.
Diamond juniors push ahead with Botswana projects
Both African Diamonds and Firestone Diamonds are getting stuck into their new diamond mining projects in Botswana.