Edition:
India

Tanisha Heiberg

Impala Platinum delays job cuts due to improved earnings: sources

04 Sep 2019

LONDON/JOHANNESBURG Impala Platinum will delay cutting thousands of jobs and closing some capacity at its main South African mine due to operational improvements and higher commodity prices, two sources with direct knowledge of the matter said.

Sibanye-Stillwater in talks over AngloGold Ashanti's Mponeng mine

30 Aug 2019

JOHANNESBURG Sibanye-Stillwater is in talks over a potential acquisition of the world's deepest gold mine, Mponeng, as current owner AngloGold Ashanti plans its South African exit, Sibanye said on Thursday.

UPDATE 2-South Africa's Sasol delays results due to U.S. project glitch

16 Aug 2019

* Shares fall to more than 10 year low (Adds Sasol comment, updates share price)

African cattle investing - the new cash cow?

30 Jul 2019

JOHANNESBURG/VRYHEID, South Africa Cattle have long been considered a measure of wealth across Africa - but it is not just farmers cashing in. | Video

South African court blocks Zambian plan to sell Vedanta copper mine

23 Jul 2019

JOHANNESBURG/LUSAKA South Africa's High Court on Tuesday has ordered the Zambian government to halt the sale of Vedanta Resources's majority-owned Konkola Copper Mines (KCM) until a final decision is made through arbitration.

UPDATE 2-Amplats H1 earnings jump but warns against unsustainable wage hikes

22 Jul 2019

JOHANNESBURG, July 22 Anglo American Platinum (Amplats) on Monday reported half-year earnings more than doubling, boosted by higher metals prices, but warned it could not give unsustainable increases as sector wage talks continued.

PepsiCo to buy South Africa's Pioneer Food for $1.7 billion

19 Jul 2019

JOHANNESBURG PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a sector that has been hit by drought and tough trading conditions.

S.Africa's mines, energy minister says all options open for future power supply

04 Jun 2019

JOHANNESBURG, June 4 South Africa's mines and energy minister said the country is mulling all options from coal to renewables to nuclear power as part of its future energy mix, as Africa's most industrialised economy battles a power crisis.

South Africa's Ramaphosa retains Mboweni, Gordhan in new, leaner cabinet

30 May 2019

PRETORIA/JOHANNESBURG South Africa's President Cyril Ramaphosa on Wednesday retained Tito Mboweni as finance minister in a new, leaner cabinet, following on from a pre-election pledge to reform and revive an ailing economy and attract foreign investors. | Video

Sibanye's $286 million Lonmin takeover gets all clear from shareholders

28 May 2019

JOHANNESBURG/LONDON Sibanye-Stillwater and Lonmin cleared the final hurdle to forming the world's second-largest platinum producer as their shareholders approved the South African firm's 226 million pound ($286 million)takeover of its London-listed rival.

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