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Saudi PGM smelter proposal may test SA Govt’s loyalties

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PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force...

Elliott Management to invest in mineral assets worth $1bn

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ACTIVIST investor Elliott Management is setting up a company that aims to buy undervalued mining assets worth $1bn, according to an updated report by...

Anglo’s Wanblad says “nothing off the table” in portfolio review

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ANGLO American CEO Duncan Wanblad on Thursday unveiled a "systematic" review of the group's portfolio in which he promised "further actions" aimed at unwinding...

Madagascan president’s ex-aide convicted of offering mining licence for bribes

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MADAGASCAN President Andry Rajoelina's ex-chief of staff was convicted in a London court on Tuesday of offering to help precious stone miner Gemfields win...

Transnet to name new executive appointments by month-end

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TRANSNET was expected to finalise the appointment of a new permanent CEO and someone to head its largest division, Transnet Freight Rail by the...

Glencore skips top-up dividend as focus falls on coal demerger

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GLENCORE will skip the 'top up' dividend this year telling shareholders its focus was on concluding the previously announced $6.93bn cash takeover of Elk...

SA mining fears Govt’s new cadastre is no quick fix

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IN January, South Africa’s department of mineral resources & energy (DMRE) finally unveiled its preferred technology provider for a new minerals cadastre. The cadastre,...

Anglo facing ‘uphill battle on the trust front’, says bank

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ANGLO American had an uphill task in winning back the trust of investors, according to analysts at Bank of America. Commenting in a report on...

Miners in Sahel coup crisis turn to ‘back channel engagements’

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THE rolling coups in the Sahel region in Africa expose mining companies operating there to numerous risks which requires 'back-channel engagements' with the new...

Africa warned against imposing export bans on minerals

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AFRICA has been warned to steer clear of export bans on undeveloped minerals until infrastructural deficits are tackled. Benedikt Sobotka of Kazakh miner Eurasian Resources...