Congo mining code revision not retroactive
A proposed revision of the Democratic Republic of Congo’s mining code, which could
see Government take a 35% stake in projects, would not be applied to existing
mining projects.
Eskom to appoint new CEO “within the next month or so”...
ESKOM will appoint a new CEO to replace André de Ruyter who left in February within the next month, said BusinessLive citing Pravin Gordhan,...
CAMEC swings to a loss
CAMEC posts a full-year loss of $343m and says its plant in the Congo will be completed by the end of October. It reiterates has accepted a $955m takeover bid.
Fortunes may change for Anglo American
Platinum woes aside, the market is recognising Anglo American CEO Cynthia Carroll’s
efforts to get some of the company’s monkeys off its back.
ContiCoal dismantles board in A$5m rescue
A UK merchant bank, Empire Equity, will provide bridging finance and assist with a A$28m rights offer but the coal firm's executive team will be dismantled.
Orion’s Okiep Copper given cost boost by prospecting permits
ORION Minerals today announced the grant of new exploration tenements at its Okiep Copper site in South Africa's Northern Cape province that will enable...
SA mining production down 29.8% in May, but rate of decline...
THE rate of decline in South African mining production slowed in May compared to April as lockdown measures aimed at containing the spread of...
HIV/AIDS helped Anglo’s African mines cope better with Covid-19 pandemic
THE global Covid-19 pandemic had resulted in much-improved communications and relationships between mining companies and surrounding communities, according to Anglo American CEO, Mark Cutifani.
Interviewed...
Amplats appoints its head of processing Natascha Viljoen as CEO, effective...
ANGLO American Platinum (Amplats) has appointed Natascha Viljoen as CEO following the resignation of Chris Griffith on Monday.
Viljoen, a former Lonmin executive, is currently...
Top mining CEO acknowledges gender bias behind low proportion of women...
WOMEN comprise 51% of the country's population but only 12% of mining sector employment. It's a big miss this hasn't been addressed purposefully, especially considering...