Investment climate chills for Mozambique
Optimism about mining prospects for the southern Africa country has cooled amid renewed political hostilities and the climb-down in commodity prices.
Anglo’s Cutifani targets $1.3bn cash flow lift
In his first results presentation, Anglo's Mark Cutifani also took the hatchet to management levels and was withering of the group's capital discipline.
‘Anglo relationship to SA must change’: Cutifani
Anglo American was weighing up its relationship to South Africa, a country where it still derives most of its value.
Political undertone to coal terminal plans
One view as to why South Africa's Transnet needs to build another new coal export lies in the government's interest in controlling flows of the fuel.
Glencore completes Mutanda, Kansuki merger
Glencore Xstrata said it had completed the merger of its Mutanda copper and cobalt mine with Kansuki - a deal that sees Ivan Glasenberg work with Dan Gertler.
Lonmin wary of safety, labour stoppages
UPDATED - Lonmin said Q3 mining had been hampered by safety stoppages, but added it remained confident of meeting its 660,000 ounce full-year sales forecast.
AngloGold to raise up to $1bn in corporate bond
AngloGold Ashanti said it would raise between $750m and $1bn in a corporate bond which it would use to de-stress its balance sheet.
Merafe interim earnings hit by impairment
Merafe Resources is a company under pressure following the loss on the proposed sale of its Horizon mine in Limpopo province.
Unions declare dispute as gold firms lift offer
The Chamber of Mines lifted its wage increase offer to 5% but unions, excluding AMCU, have swiftly moved to dispute in a 30-day CCMA process.
Cash flush Kumba gives some relief to Anglo
A strong performance from new mine Kolomela helped Kumba Iron Ore mitigate a weaker iron ore price and generate enough cash to wipe out net debt.