Commission says the transaction, which is scheduled to close by the end of the year, does not prevent or lessen competition in platinum markets.
Gold prices hit a four-week low on Wednesday as the dollar gathered strength on the prospect of a US interest rate hike.
Gold jumps more than 1 percent to its highest in nearly eight weeks, on expectations of a definitive exit from the EU.
South Africa’s mining industry is at risk of collapse due to political unrest and labour instability, warns Sibanye Gold's Neal Froneman.
Sibanye Gold has started talks with unions about cutting jobs at its loss-making Cooke 4 mine.
The losses at Sibanye’s Cooke 4 mine threatened the viability of the other three Cooke operations.
Cement maker PPC scraps its dividend for the first time in a over a century, seeking to conserve capital to repay debt.
A botched investment in Nigeria and mounting difficulties in South Africa force a re-think at Tiger Brands.
Sibanye Gold aims to show its faith in platinum with further acquisitions, says CEO Neal Froneman.
Nersa permits Eskom to hike tariffs by 9. 4% only, prompting SA’s energy supplier to warn of the “operational consequences”.
South Africa is expected to harvest 1. 63 million tonnes of sugar in the 2015/2016 season, the lowest since 1995.
Gold Fields wants to break even at its South Deep mine in South Africa by the end of the year, says Chief Executive Nick Holland.
Job losses in SA’s mining sector are likely to accelerate as companies battle to cope with the commodity price slump.
Anglo American Platinum will cut 1 000 jobs at its struggling Twickenham mine, but ruled out a sale of the mine.
Sibanye is considering using its dollar holdings to buy bullion mines abroad as a weaker rand raises the cost of domestic acquisitions.
Illovo Sugar expects to cut up to R1. 2 billion of costs over the next two years to cope with low prices.
ArcelorMittal's SA unit intends to raise up to $324m through a rights offer as it battles falling demand and higher costs.
SA’s new mining minister - Mosebenzi Zwane - takes over a sector that is bleeding jobs due to the commodity price slump.
Amcu leader Joseph Mathunjwa says the plan to stem job losses in the mining sector is “a knee-jerk approach”.
More than 1 000 South African workers at a Sibanye Gold mine end a two-day sit-in to protest against the deaths of colleagues.
Eskom will consult with lawyers after Optimum Coal suspended a supply agreement with the power utility.
The gold miner could begin “harvesting” some of its mines if the gold price sinks below $1 000 an ounce.
The NUM says 11 000 of its members could lose their jobs under planned cost cutting by mining companies.
Packaging and paper company Mondi reaps the benefits of higher selling prices.
Officials from the mining ministry are holding talks with companies and unions over planned job cuts in the sector.