DMR suffers devastating defeat in Aquila Steel court battle
SOUTH Africa's Department of Mineral Resources (DMR) has suffered a devastating defeat in the High Court (Pretoria) which has potentially far-reaching implications for other...
Exxaro shareholders approve R3.5bn BEE repurchase scheme
SHAREHOLDERS in Exxaro Resources approved the R3.52bn repurchase of shares held in the firm's empowerment company MS333, a development that paves the way for...
Kenmare sees Moma arbitration close with $5m Aveng award
KENMARE Resources has to pay $5m (R69m) to Aveng following an arbitration tribunal decision which found the South African contracting firm was entitled to...
Six of the best: good news stories that lit up 2016
THERE was a good deal of trepidation in January 2016 as analysts and executives forecast another year of nail-biting austerity. And whilst it's not...
Omens good for Anglo in 2017 as iron ore, diamonds turn...
2017 may be a vastly improved year for Anglo American, in which it celebrates its centenary, with its investments in Kumba Iron Ore and...
Nunn’s Kropz wary of “push back” as political noise grows
MIKE Nunn, the mining entrepreneur that brought us Tanzanite One which briefly stole the spotlight from diamonds, is back on our screens again as...
Glencore’s Rosneft deal signals return to deal-making
GLENCORE'S Ivan Glasenberg made a stunning return to deal-making after 18 months of austerity by joining its 9% shareholder Qatar Investment Authority (QIA) in...
DMR “out of court” settlement on charter seems unlikely
A SOUTH African government declaration that it was "progressing" towards an out of court settlement with the country's mining sector on black economic empowerment...
Trump can give metals a push, but it’s China that matters
ANALYSTS are puzzling over the extent to which US president-elect, Donald Trump, has helped stimulate the world’s commodity markets further following a somewhat vague...
Glencore rehabilitation complete as unveils $1bn dividend
GLENCORE gave notice of its rehabilitation following a tumultuous 2015/16 saying it would pay a dividend of $1bn in two halves during its 2017...