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Wescoal agrees 50.1% Eskom BEE tie-up

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Wescoal Holdings was among the first of South Africa's publicly-listed coal producers to agree to sell Eskom coal from an entity controlled by black interests.

AngloGold may ‘call’ $1.25bn bond in 2016

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The gold firm has targeted debt reduction of $1bn in three years and may buy back its 8.5% 2020 bond. Asset sales seems a nailed-on certainty, however.

PTM ditches debt for C$150m in notes

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The Canadian firm will finance the balance of its Western Bushveld Joint Venture with a $150m note issuance - its second foray into equity markets in a year.

Trans Hex books R94m profit turnaround

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Trans Hex completely transformed its fortunes in the six months ended September followed an increase in South African production, and higher revenue.

Illegal mining forces Harmony to halt mine

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Harmony is to shut its Kusasalethu mine for two weeks while it attempts to flush out illegal miners believed to have caused three underground fires in a month.

Wescoal secures R200m for Elandspruit

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Wescoal Holdings has raised R200m in debt with Investec the bulk of which will help double the coal firm's run-of-mine production to four million tonnes a year.

Zambia by-election may disrupt copper miners

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The death yesterday of Zambia president Michael Sata could result in disruption to copper cargo routes amid a national by-election, and even policy revisions.

Implats to unveil review in February

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Impala Platinum would provide details of a strategic review of its operations in February and said full-year production targets were unaffected by stoppages.

Sibanye defends 1.6m oz 2014 output target

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Sibanye Gold acknowledges 1.6 million ounces in output for 2014 is "a stretch target" but thinks it can be achieved as the Cooke operations build momentum.

Swanepoel on gold, CEO pay & speaking out

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Bernard Swanepoel's comedic gifts have long been a feature of his presentation style which makes his latest incarnation as a conference enterpreneur apt.