Optimum directors bag R221m in share sale
Xmas came early for directors at Optimum Coal Holdings who made a killing selling shares, presumably to Glencore International.
Sibanye-Stillwater considering M&A to supplement its SA uranium resources
SIBANYE-Stillwater would like to build its South African resources of uranium through merger and acquisition, said CEO Neal Froneman.
"We're looking more broadly at uranium. We...
Strong rand no excuse, says analyst
South African miners cannot hide behind the stronger rand if their earnings fall below forecasts, says a sector analyst.
Glencore to close IPO book early
Glencore will close the books for its planned $11bn initial public offering on May 17, a day ahead of the original schedule, underscoring strong demand for the offer.
The tasks of Sean Gilbertson as Gemfields embarks on fresh start
Pallinghurst Resources has undergone a sea change in the last six months, transforming from an investment trust into an operating mining group. It has...
Anglo turnaround tale gaining traction
Shares in Anglo American show a 40%, 12-month return suggesting that the oft-promised turnaround of the UK group may actually materialise this time.
Resgen acrimony as A$2.3m director fees quizzed
Resource Generation is to study its legal options in respect of A$2.3m in termination benefits paid to two former executive directors including Paul Jury.
Vale, Rio to raise iron ore prices
Top iron ore miners Vale and Rio Tinto are likely to raise contract prices by 4% for the first quarter from the fourth quarter, reflecting gains in spot prices over the past three months.
Rio Tinto a likely future partner at Husab
Rio Tinto may enter into another partnership with a Chinese firm, this time in Namibia, where it may be the preferred participant as China swoops on another strategic asset.
Lithium technology advance highlights why the battery mineral is set to...
NEW technology being trialled could vastly improve lithium production efficiency, but there's scepticism the methodology will be commercial for up to ten years. This highlights exactly...