Home News Markets Page 144

Markets

Albanese set to leave Vedanta as Agarwal starts executive search

0
TOM Albanese, CEO of Vedanta, may relinquish his position at the UK-listed firm on August 31, a development the company said was in line...

Pallinghurst planning “value unlock” as 10-year term rolls up

0
PALLINGHURST Resources is exploring "all options available" regarding unlocking "inherent value" of its assets, but this would not extend to an unbundling of any...

SA political instability a negative for Anglo’s spin-off plans

0
POLITICAL instability in South Africa would be "slightly negative" for Anglo American as the restructuring of its local assets might be delayed, but gold...

Mining charter amendments a mystery as March deadline nears

0
SOUTH Africa's Chamber of Mines did not have any meetings scheduled with the Department of Mineral Resources (DMR) this week which means it would...

Kropz to miss March start-up date for Elandsfontein mine

0
WHEN last we left Kropz, a company in which Patrice Motsepe’s African Rainbow Capital has shares, it was targeting March for first production of...

South32 unveils $500m capital return to shareholders

0
SOUTH32 today demonstrated the strength of its balance sheet and confidence in its cash generating capability unveiling a stunning $500m capital management programme starting...

So far, so good for Mgojo as dust starts to settle...

0
IT'S nearly two years since Mxolisi Mgojo stepped into the formidable shoes of Sipho Nkosi, the former CEO of Exxaro Resources - one of...

Kenmare to weigh dividends, debt reduction after harrowing 2016

0
KENMARE Resources, the UK-listed mineral sands operator, is to weigh the resumption of dividend payments in the current financial year following a harrowing 2016...

Master Drilling pays maiden dividend amid global expansion

0
MASTER Drilling, a mining services company that specialises in raise bore drilling, has approved the payment of a maiden dividend of 30 South African...

South32 may launch share buy-back as cash tops $1bn

0
SOUTH32 has been among the most conservative of the diversified mining firms listed on the Johannesburg Stock Exchange, especially in respect of managing its...