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AngloGold swings to profit as production beats company guidance

10 May 2015 /  Kevin Crowley, Bloomberg  
Adjusted headline earnings were $35m compared with a loss of $117m in the previous quarter.

Kumba sees H1 profit at least 20% lower

8 May 2015 /  Reuters  
The price iron ore has dropped more than 15% so far this year as a slowing economy in China dented demand.

Harmony cuts losses by 47%

8 May 2015 /  Sungula Nkabinde  
Plans to shed more jobs as company targets return to profitability.

Randgold Q1: Down but far from out

8 May 2015 /  Lawrence Williams  
A small fall in gold production and profits from Randgold in Q1 keeps the company on track in what its CEO describes as a settled operational performance.

Harmony Gold narrows quarterly loss

8 May 2015 /  Reuters  
Following job cuts, cost reductions.

Renewed interest in RECM & Calibre

8 May 2015 /  Patrick Cairns  
As the preference share-based investment company announces a jump in NAV.

Lonmin aims to cut jobs due to weak platinum price

7 May 2015 /  Silvia Antonioli, Reuters  
Platinum producer has been hit by strikes and a steep fall in platinum prices since the start of 2014.

Power cuts hit British American Tobacco SA output

7 May 2015 /  Reuters  
Power utility Eskom has been forced to implement controlled blackouts to prevent the grid from collapsing.

Chevron completes maintenance at South African oil refinery

7 May 2015 /  Reuters  
US oil firm Chevron has completed a R1 billion ($83 million) routine maintenance and safety inspection at its 100 000 barrel per day South African oil refinery in Cape Town, local media reported on Thursday. Chevron, which trades as Caltex in South Africa, shut down its Milnerton refinery from February 13 to March 31 for

Capitec’s no-frills banking may count against it online

7 May 2015 /  Hanna Barry   2
Survey shows that functionality is an important part of internet banking.

Tiger sees no end to Dangote pain

7 May 2015 /  Sasha Planting   2
Naira weakness sets back turnaround efforts.

Randgold ready for end to drought in gold discoveries

7 May 2015 /  Thomas Biesheuvel, Bloomberg  
Drought has dragged on for five years.

ArcelorMittal cuts forecast as iron ore conquers steel gains

7 May 2015 /  Thomas Biesheuvel, Bloomberg  
'We faced a number of headwinds in the first quarter' - CEO.

Meet South32

7 May 2015 /  Kip Keen  
We take a closer look at South32's assets.

Gold Fields posts $13.9m first quarter loss

7 May 2015 /  Sungula Nkabinde  
Poor performance attributed to seasonal weakness as earnings fall by 392% y/y.

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