Eskom debt trap calls for national rescue
The South African government's bail-out of Eskom comes in the nick of time as the power utility battles a critical debt trap.
Anglo recovery linked to Carroll era calls
De Beers and Minas Rio are providing early impetus to Anglo American's attempts at recovery. Interestingly, they were both the judgements of Cynthia Carroll.
Amplats may write-down mines before sales
Anglo American Platinum may have to accept a write down of its Rustenburg and Union mines in order to sell the assets, or hang in long enough for price recovery.
SA gold miners guilty of wishful thinking
South African gold producers will see 20% to 60% of their gold production losing money below $1,200/oz ... which accounts for the wishful thinking.
Karoo gas just hot air without exploration
The SA government's decision to start processing Karoo gas exploration permits can only be good news in the effort to have knowledge trump emotion.
Molefe’s terminal not just a ruse
Transnet's Brian Molefe said plans to build a terminal were not a ruse to get the coal sector to part with export entitlement to black firms. Can we believe him?
DMR registers tardy October for miners
There have been three instances in the past month where slow response times to mining applications has had direct consequences to business.
Was Glencore, Rio tilt mere opportunism?
Perhaps Glencore's interest in Rio Tinto suggests the iron ore market isn't in quite the quandry its participants say it's in - at least in the long-term.
ARM’s Motsepe reluctant to sever Harmony link
Patrice Motsepe, chairman of African Rainbow Minerals, doesn't tolerate other under-performing assets in the group ... except for its 14.6% stake in Harmony.
Sibanye Gold rejects ‘optimistic’ Amplats
The horse-trading for Amplats' Rustenburg shafts is well underway with Sibanye stepping back from deals insisting it won't pay for 'optimistic' platinum prices.