• Sars Wars returns

    Allan Greenblo looks at the leadership concerns around the 'Twin Peaks' regulatory model.

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    When unions later this year start to demand double digit pay rises, don't be surprised, says Terry Bell.

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    ANC general secretary Gwede Mantashe rebukes those who feel SA can't afford nuclear power.

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Mining

Glencore rating cut to lowest investment grade

Feb 04 2016 16:31

Glencore’s credit rating has been cut to the lowest investment grade at Standard & Poor’s as the assessor downgrades a raft of commodities producers.

Mining

Zim repays Implats unit $100m, revenues tumble

Feb 05 2016 13:17

Zimbabwe says it repaid Impala Platinum’s unit in the country about $100m in overpaid royalties, dragging down earnings from the mineral royalties segment by 110%.

Mining

Harmony seeks acquisitions, debt repayments as profits surge

Feb 04 2016 19:39

Harmony Gold Mining is seeking to make acquisitions and repay debt after a plunge in the South African rand caused its profit margins to increase in the second quarter.

Mining

Weak rand, firm gold price boost Harmony profits

Feb 04 2016 07:59

Harmony Gold has posted an 84% increase in production profit to R1.29bn quarter on quarter, mainly due to a 7% rise in the gold price received.

Mining

South32 flags $1.7bn writedown, massive SA job cuts

Feb 04 2016 07:07

Mining giant BHP Billiton's South32 spin-off has announced $1.7bn in asset writedowns and says it will axe hundreds of jobs in South Africa.

Mining

Kumba Iron Ore sees 2015 profit plunging

Feb 03 2016 09:52

Kumba Iron Ore is expecting full-year earnings to plunge as much as 67% as it battled slumping prices for the steel-making ingredient.

Mining

Lafarge scraps $735m India cement deal

Feb 02 2016 15:15

Lafarge SA’s Indian unit has scrapped an agreement it signed last year to sell two of its cement units, prospective buyer Birla said in an exchange filing.

Mining

BHP Billiton reacts to Standard & Poor's review

Feb 02 2016 14:04

BHP Billiton reacts after Standard & Poor's has lowered the credit ratings of BHP Billiton Limited and BHP Billiton plc.

Mining

Kumba sees FY profit down as supply glut persists

Feb 02 2016 20:04

Kumba Iron Ore has said it expects full-year earnings to plunge as much as 67% as it battled to cope with slumping prices of the steel-making ingredient.

Mining

Zimplats to go ahead with $447m expansion project

Feb 02 2016 20:10

Zimplats says it is going ahead with its Zimbabwe based projects despite continued threats on a portion of its mining lease area.

Inside Fin24.com

 
Mining

Sibanye CEO eyes move into base metals after stock surge

Feb 01 2016 12:51

Sibanye Gold’s share-price rally provides the firm the opportunity to look for acquisitions in base metals and outside of its home country of South Africa.

Mining

Glencore says it worked with SA on Optimum sale

Feb 01 2016 07:50

Glencore says it worked with “stakeholders” including the government to facilitate the sale of its Optimum coal mine after reports linked the sale to the Guptas.

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