Northam launches R1bn balance sheet overhaul
Northam Platinum is to tap shareholders R600m as part of a R1bn financing of the firm's balance sheet following a year of misfortune.
Gold Fields unveils former board head of KPMG South Africa as...
GOLD Fields has named former head of KPMG South Africa's board, Yunus Suleman, as its new chairperson with effect from the beginning of June...
US investor targets Congo mine for peace deal
A PROMINENT Donald Trump ally is pursuing control of a controversial Congolese mine as part of Washington's fresh approach to resolving the region's long-standing...
Nunn appoints “positive disruptor” Harebottle to lead Kropz
MIKE Nunn is to collaborate again with former Tanzanite One colleague, Ian Harebottle, who will be unveiled as the CEO of Kropz on January 15...
Sibanye sees margin lift for 2016 output
Sibanye Gold said it would produce 1.61 million ounces of gold at a total cash cost margin of 38% should the current rand gold price persist.
First Quantum to sell $500m in copper to China’s Jiangxi
FIRST Quantum Minerals' second-largest shareholder will pay $500m for copper shipments in an arrangement that strengthens the mining company’s balance sheet while its flagship...
Gold Fields would consider dual listing of shares in time, says...
GOLD Fields would consider a dual listing of its shares as the prospect of leaving the Johannesburg Stock Exchange (JSE) would be "very difficult"...
SEC charges Rio with fraud for late coal write-down disclosure
RIO Tinto has been charged with fraud by the US Securities and Exchange Commission (SEC) regarding the late notice it provided shareholders in respect...
Minas Rio costs soar to $4.5bn
The capital cost of Anglo American's Minas Rio iron ore project in Brazil has ballooned out to around $4.5bn mainly because of the impact of permitting delays on the construction schedule.
The Midas touch of Sibanye-Stillwater’s Neal Froneman
This article first appeared in the Finweek April 22 edition.
On the subject of his firm’s speculated merger with Gold Fields and AngloGold Ashanti, Neal...