Trump can give metals a push, but it’s China that matters
ANALYSTS are puzzling over the extent to which US president-elect, Donald Trump, has helped stimulate the world’s commodity markets further following a somewhat vague...
Gahcho Kué: De Beers’ sub-Arctic bet on diamond demand deficit
ABOUT 280km north-east of Yellowknife, the largest town of Canada’s North West Territories (NWT), is Gahcho Kué – a Chipewyan name for ‘the big...
Zimbabwe flatters to deceive as reform doesn’t extend to mining
ZIMBABWE'S new cabinet has retained the controversial 51% indigenisation thresholds for foreign diamond and platinum miners, but it has deferred a 15% tax on...
Exxaro BEE plan squeaks through after firm makes concessions
EXXARO Resources' proposed replacement black economic empowerment (BEE) transaction was narrowly approved by a majority of shareholders today, but the group also agreed to...
Cash flush Glencore weighs dividend surprise, M&A options
ANALYSTS warmed to Glencore's bid for a 49% stake in Hunter Valley Operations (HVO), a coal mine in Australia's New South Wales, and also...
Agarwal investment in Anglo handy for PIC ambitions
IT'S hard to believe Anil Agarwal's investment in Anglo American - achieved through the family investment vehicle - is anything other than the prelude...
Phiri describes ANC Charter ‘help’ for Zwane as “encouraging”
OUTSPOKEN CEO of Royal Bafokeng Platinum (RBPlat), Steve Phiri, today welcomed comments by the African National Congress (ANC) that the mining sector ought not...
Action on troubled Rustenburg mines a “key imperative” – Implats...
Impala Platinum (Implats) has dropped its refined platinum production guidance for the year to end-June to 1.46m oz from the previous estimate of...
BHP cuts dividend for first time in 15 years
BHP Billiton cuts its dividend for the first time in 15 years as half year profits fell 96%, and said it would abandon its progressive dividend policy.
Molefe surprised by coal contract probe report
Eskom CEO, Brian Molefe, said a report that South Africa’s National Treasury would conduct an investigation into its coal contracts was "a surprise".