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Finger of blame for market crisis falls on CEOs

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Investors said the current problems in the metals market were almost exclusively down to ill-judged capital allocation by poorly regulated executives.

Platinum mines may run short of water in 2016

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Consulting engineering company, SRK, raised the risk that South Africa's platinum firms may start to run short of water next year if the country's drought persisted.

Harmony to zap R2.7bn debt pile in two years

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Harmony Gold hopes to be debt-free when it sets about funding its Golpu project in about two years time.

Randgold “still scrambling” at Obuasi

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Randgold Resources CEO, Mark Bristow, said it was impossible yet to call whether the UK firm would take on the joint recapitalisation of AngloGold's Obuasi.

Shanduka to abandon 9% Lonmin stake

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Lonmin's BEE partner Shanduka said it will walk away from its stake in the company, which is held through Incwala Resources.

Glencore $25bn debt target draws cautious praise

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Analysts welcomed Glencore's target of $25bn in net debt by year-end, but they said progress had to be underpinned by sustained operational cash flows.

AngloGold ordered to reinstate 579 AMCU workers

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AngloGold is studying its options after the Labour Court said it should reinstate more than 500 workers unfairly dismissed at its Moab Khotsong mine.

Lonmin rights offer a folly, say analysts

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In the absence of its ambitious platinum price forecast materialising, Lonmin's $400m rights offer may just lead to further, more serious, turmoil in the future.

SA mining boards meet charter targets: PwC

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PwC said that South Africa's mining sector had met its employment equity targets at board level in terms of the mining charter ... but only just.

DMR haggling prolongs Kumba, SIOC saga

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The South African government has imposed conditions before it will bring the Kumba, Sishen Iron Ore imbroglio to an end.