Wednesday, November 22, 2017

Mining companies are again likely to settle for wages above the main rate of inflation as they tackle union demands given impetus by accelerating food and fuel prices.

BHP Billiton has not given up on large acquisitions and does not regret spending $875m pursuing three massive deals that failed over the past two years, says its chairperson.

Now that Vale has started the ball rolling with its takeover offer, it seems likely there is going to be a competing bid for Metorex from Chinese investors.

Tanzania will not unilaterally impose a proposed super profit tax on mining firms but will try to persuade existing firms to comply, says a senior government official.

The department of water affairs has listed 100 mines operating without water licences, four of which - including Exxaro and Gold Fields assets - have not yet made applications.

South32 could pay as much as 70% of earnings which is why analysts think the company will add rare esprit to the depressed state of mining equities.

Zimbabwe has ordered foreign mining firms to deposit their export earnings with local banks, reports state media.

IT'S probably just coincidence and most likely doesn't stand for very much, but I thought it's interesting Glencore's board consists largely of accountants. There...

A NOTICE in the Government Gazette dated July 18, described by BusinessLive today as applying a freeze on new investment in South Africa, was...

MASTER Drilling, a mining services company that specialises in raise bore drilling, has approved the payment of a maiden dividend of 30 South African...