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Tax talk to dominate Mangaung mines debate

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There's no doubt a tax overhaul will dominate the debate when delegates at Mangaung turn their attention to the country's key economic sector.

Sylvania boss sacrifices 33% of salary

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Sylvania Platinum executives took pain for the team announcing they would forgoe up to a third of their salaries for the remainder of the financial year, ended-June.

Eskom reprises power buy-backs with Xstrata

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The Xstrata-Merafe Chrome Venture has agreed to idle 25% of its production as Eskom seeks capacity to continue R35bn maintenance plan.

Gemfields attracting interest from retailers

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International jewellery retailers were looking to buy a piece of Gemfields following its proposed takeover of historic brand Faberge, CEO Ian Harebottle said.

PTM adds lustre to bruised SA platinum

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Platinum Group Metals said it would sell shares for $182m ahead of drawing down $260m in finance - enough to fully fund its 275,000 oz WBJV Project One.

Rockwell to mothball Tirisano amid cash burn

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Rockwell Diamonds said it was unable to stem losses at its Ventersdorp alluvial diamond mine, Tirisano, but added funding of its project pipeline remained intact.

Zim shuts Afripalm Resources after Northam failure

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Lazarus Zim sacked employees at the plush Sandton offices of Afripalm Resources following a dire couple of years in which he lost millions in personal fortune.

AngloGold investment grade upheld by S&P

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AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.

The rollercoaster career of Neal Froneman

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Neal Froneman, CEO-designate of Sibanye Gold, is back on top in a career where the quality of the highs are only matched by the depth of the troughs.

Govts of China, SA unite in R5.3bn Palamin bid

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The governments of China and South Africa have formed a consortium to bid a hefty premium for the 74% stake in Palabora owned by Anglo and Rio Tinto.