September 18, 2015

Sibanye expects to generate up to 60% of power needs from new coal project

The move aims to reduce the gold producer's dependence on unreliable electricity supply from state-run utility Eskom Holdings.

September 14, 2015

Veteran investment strategist Joe McAlinden reverses view, predicts recovery for gold, oil and housing

With the markets in whiplash mode, Joe McAlinden, founder of McAlinden Research Partners and former chief global strategist with Morgan Stanley Investment Management, believes volatility is going to stick around…

September 14, 2015

Africa mining stumbles, raising fears of job loss chaos

As mining companies in resource-rich Africa bleed jobs due to plunging commodity prices, the ripple effect of redundancies has raised concern about social unrest amid declining economic growth.

September 14, 2015

Anglo American completes sale of Chile copper mines

The announcement comes only days after Anglo announced a $330m deal to sell lossmaking South African platinum mines to Sibanye Gold.

September 14, 2015

Eric Coffin: Base metals or precious metals

With the Yuan devaluation, interest rate hikes, and stock market volatility, Eric Coffin explores what commodities merit your investment dollars.

September 9, 2015

Anglo sells platinum mines in S. Africa to Sibanye for $330m

The deal involves an upfront payment of 1.5 billion rand, with a minimum deferred payment of 3 billion rand, equal to 35% of cash flow generated by the operation.

September 8, 2015

Done deal? Amplats said to have sold platinum mines to Sibanye for $100M

The companies are expected to make an official announcement on Wednesday.

September 8, 2015

INFOGRAPHIC: Most Assets Hurting, but one stock market has bucked the trend

Deutsche Bank recently provided a graphical snapshot that covers the returns of a wide span of assets both YTD and since the mid-August meltdown.

September 8, 2015

SA platinum cuts to hurt global output over next two years

Supply for the year, however, is expected to increase by 9% to 7.91 million ounces, owing to the recovery in the country’s output following strikes in 2014, as well as…

September 3, 2015

Sibanye confirms talks with Anglo over platinum mines for sale

This the first time in over 15 months that Sibanye officially confirms its interest in Amplats’ Rustenburg assets.