Amplats, Sibanye agree R4.5bn Rustenburg sale
Sibanye Gold enters the platinum industry offering to pay R1.5bn upfront either in shares or cash whilst Amplats gets 35% of cash flow generated after capex.
Anglo to sell 9.7% in Exxaro, will drive funds into debt...
ANGLO American is to sell its entire 9.7% direct stake in Exxaro Resources by means of an accelerated book-build to institutional investors, the UK-listed...
Seriti ties up SA leg of transformative renewables supply deal with...
PRIVATELY-held energy company Seriti Resources today concluded the acquisition of a 100% stake in Windlab South Africa providing it with access to renewable projects worth...
Copper continues record rally
Copper futures are rallying on the first day of trade of the New Year, extending 2010's 33% gains on expectations of sustainable growth in top metal consumer China.
Gigaba pours cold water on Alexkor aspirations
State-owned diamond miner Alexkor will not be acquiring new assets outside
South Africa, says Minister of Public Enterprises Malusi Gigaba.
Egypt to take 15% net profit share in new mining concessions
EGYPT today set down the terms of a new mineral exploitation regime in which it will issue 30-year exploration licences to miners on condition...
Does Agarwal have a masterplan for Anglo? Probably not
ANIL Agarwal, executive chairman of the UK-listed diversified mining group Vedanta, admits having a poor grasp of English, but he's a dab hand at...
Naidoo returns to Vedanta to oversee critical minerals drive
VEDANTA Resources, the London-based parent company of Vedanta Ltd, has appointed South African mining executive Deshnee Naidoo as its CEO.
Naidoo was previously head of...
Anglo expects no disruption to copper output as Covid-19 rises to...
COPPER production from Anglo American's Chile mines would be unaffected by a resurgence of Covid-19, said Reuters citing the UK-listed group's country CEO, Aaron...
Gold and gold shares to rise this year
The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.