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Exxaro blames 24% fall on volatile market

MARKETSby David McKay | Thu, 23 Apr 2015
Exxaro Resources has seen its share decline 24% this month, a somewhat surprising show of weakness considering its year-end figures. Read ›

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  • Eskom in cheery 'maintenance festival' pledge

    ENERGYby David McKay | Wed, 22 Apr 2015
    In his first address as acting Eskom CEO, Brian Molefe offered the dubious news of a "maintenance festival" this week in preparation for winter demand pressure. Read ›

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  • TFR's Gama to cover for 'seconded' Molefe

    by David McKay | 20 Apr 2015 - |
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     Siyabonga Gama, Transnet Freight Rail boss, is made acting CEO of Transnet while incumbent, Brian Molefe, works in "secondment" at Eskom. Read ›

    Anglo may opt for scrip dividend

    MARKETSby David McKay | Thu, 23 Apr 2015
    Anglo American is thought to be considering an interim dividend payment which could save it $1bn in much needed cash. Read ›

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  • Folly in taking mining charter to court

    by Nicola Jackson | 22 Apr 2015 - |
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     The potential knock-on effects of seeking legal clarity on aspects of the mining charter could result in protracted delays, rejoinders and sector uncertainty. Read ›

    Rio's Murowa cut output 61% to avoid tax

    by Memory Mataranyika | 21 Apr 2015 - |
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     Output at Rio Tinto's Murowa diamond mine was 61% in the first quarter in an effort to minimise the impact of a beneficiation tax that will not be applied. Read ›

    Kibo leaps 33% ... now comes the difficult bit

    by David McKay | 21 Apr 2015 - |
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     Louis-Coetzee, Kibo Mining-Tanzania, Rukwa-coalKibo Mining signed a development agreement for an ambitious coal-fired energy project in Tanzania. The capital required to build it, however, is immense. Read ›
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