S&P upgrades Glencore rating despite higher risk African assets
GLENCORE'S credit rating was improved by S&P Global Ratings in an assessment that takes a sanguine view of the political risk currently making headlines...
BHP tilt for Anglo American “on a knife-edge”
GIVEN Anglo American has fruitlessly undertaken "multiple engagements" with BHP, which remains firmly committed to its proposed takeover structure of Anglo, it's a wonder...
Merafe storms back after whirlwind year for ferrochrome
MERAFE Resources paid a four cents per share final dividend and laid in to its net debt following a roller-coaster year for ferrochrome which...
Zambia to double mining’s contribution to GDP
Zambia plans to double the contribution of the mining sector to its GDP to 20% to enable the country get more benefits from its natural resource, says mines minister Wylbur Simuusa.
Bondholders likely to take Zambia to task or risk debt contagion...
BONDHOLDERS were likely to put up a fight in order to prevent Zambia's debt-crisis setting a troubling precedent to other debt-holders in sub-Saharan Africa,...
Add women in mining to agenda of DMR’s Safety Summit next...
THE safety of women working in mining - especially underground mines - ought to be added to the list of important items to discuss...
Avalloy seeks breakthrough year
Superalloy producer Avalloy says beneficiation and skills development are at the core of its growth strategy.
Pan African revamps capital programme after Mintails shows 533,000 oz in...
PAN African Resources has overhauled its capital expenditure plans following positive concept study results into Mintails, a large gold tailings deposit situated west of...
DMR backs down on Aquarius
The Department of Mineral Resources has backed away from its draconian safety directive to Aquarius Platinum which will continue standard mechanised mining operations while striving for better safety.
IDC revives plan to list Foskor after phosphate producer posts profit
THE Industrial Development Corporation's (IDC's) hopes of floating Foskor on the JSE are starting to revive, after the phosphate producer reported its first profit...