Govt had no choice in Molefe’s Eskom return, says Lynne Brown
PUBLIC Enterprises minister, Lynne Brown, said the South African government had no choice but to support Eskom's decision to re-employ Brian Molefe as CEO...
‘We want to be as big as Anglo,” says Seriti’s Teke
MIKE Teke, chairman of Masimong Group Holdings, is not wanting for ambition.
Masimong Group’s 25% stake in Seriti Resources, the company that earlier this month...
Randgold’s Mark Bristow warns over DRC mining law changes
Randgold Resources CEO Mark Bristow has sounded a stern warning to the government of the Democratic Republic of Congo (DRC) over the negative consequences...
Sibanye cuts Stillwater rights issue to $1bn as conditions improve
SIBANYE Gold confirmed today it had received US regulatory approval for its $2.2bn bid for Stillwater Mining and said it would restrict the rights...
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...
Global gold output to fall in 2017/18 after hitting fresh record
THE gold price would average $1,259 per ounce in 2017, according to the GFMS Gold Survey 2017, published by ThomsonReuters which warned, however, that...
Pallinghurst to build PGM technology tipped to transform sector
PALLINGHURST Resources through its platinum investment Sedibelo Platinum Mine, together with Lifezone and the Industrial Development Corporation (IDC) are to press ahead with the...
So far, so good for Mgojo as dust starts to settle...
IT'S nearly two years since Mxolisi Mgojo stepped into the formidable shoes of Sipho Nkosi, the former CEO of Exxaro Resources - one of...
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...
Motsepe will shut mines rather than bow to misled communities
AFRICAN Rainbow Minerals (ARM) chairman, Patrice Motsepe, has sounded a dire warning over the "highly politicized" interaction between the mining sector and the...