Absolute warns of one fifth losses
Absolute Holdings, due to be renamed Bauba Platinum, said full-year headline losses could be as much as one fifth higher.
Gold Fields to up South Deep output 25 percent
Gold Fields believes its South Deep mine, on the west Rand of the Witwatersrand, can produce one million oz/year.
Wesizwe partner mismanaged accounts
Millions of rands can't be accounted for by the Bakubung-Ba-Ratheo, Wesizwe Platinum's empowerment partner.
Absa caught up in ‘hijack’ tangle
Banking group Absa is the second blue-chip company to become caught up in the alleged hijacking of Kalahari Resources by Sandi Majali.
SA govt approves Rios, CoAL swap
A farm swap between Rio Tinto, the UK miner, and Coal of Africa Ltd has been approved which CoAL boss John Wallington said would lead to larger project developments.
Majali absent as Kalahari case starts
Sandi Majali was allegedly 'out of the country' as a court convened to hear allegations and defence that he illegally removed Kalahari Resources directors.
Russian miner to list non-precious assets
Russian miner Petropavlovsk is to list its non-precious assets, which include iron ore and titanium, on the Hong Kong exchange.
Majali controversy extends to Anglo
Allegations connecting Sandi Majali to certain company hijacking took a serious turn on Friday after it was discovered Anglo American representatives have been usurped from a firm Majali now controls.
Simmers to sell Transvaal Gold Mining Estate
Simmer & Jack Mines says that it has agreed to sell its wholly owned subsidiary, Transvaal Gold Mining Estates (TGME) to Stonewall Mining for R25m.
Simmers sells TGME
Simmer and Jack Mines has sold its mothballed Transvaal Gold Mining Estates division to an unlisted junior mining company run by a former associate of Peter Skeat.