Sentula raises R740m senior debt facility
Sentula Mining has announced that it has received final credit approval for a facility in the amount of R740m from a consortium of financial institutions to refinance the group's existing senior debt facility and provide liquidity to the group.
DRDGold hints at demerger plan
DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.
Kumba livid over new ICT application
Kumba Iron Ore has accused the department of mineral resources of acting unlawfully and maliciously for accepting a mining rights application from ICT over Sishen mine.
Steel price hike announced
THE base list price of all general flat and long steel products will increase from February, says ArcelorMittal SA.
Tata to keep Riversdale stake
India's Tata Steel says it will not let go of its holding in Mozambique-focused Riversdale Mining, calling it a strategic stake.
AngloPlat sees significant profit jump
Anglo Platinum says its full-year profit has probably risen as much as seven-fold, helped by higher metal prices.
Platfields boss rues share meltdown
The share price woes of Platfields, barely a month into its life as a public company, is difficult to fathom and will imperil its planned shares for cash capital raising, says CEO Bongani Mbindwane.
GFMS: Gold may reach $1 600
Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.
Flood affected coal line to reopen
Australia's most flood-affected coal rail line may be reopened as early as next week, says operator QR National.