Mining engineers ill-suited to budgets as firms urged to be savvy
AS a price taker, South Africa’s mining sector is a victim of declining commodity prices, but it’s also generally acknowledged that it’s responsible for...
Anglo “open” to coal, iron ore package deal; is on good...
ANGLO American had a good relationship with Eskom although it was "surprised" to fall under the criticism of the utility recently when it said...
Sibanye’s Froneman makes case to lead SA’s mining champion as PIC...
NEAL Froneman, CEO of Sibanye Gold, reiterated his company's interest in helping to form a South African 'mining champion', but he alluded to a...
“Don’t bet against us,” says Cutifani as Anglo enters foothills of...
ANGLO American reported a 23% decline in interim earnings of $700m, equal to 54 cents per share (2015: 70c/s) owing to continued declines in...
South32 looks north as SA coal, manganese production slumps
SOUTH32 achieved record production at its alumina, zinc and manganese mines for its 2016 financial year which was also notable for output declines at...
Gupta’s Oakbay listing in jeopardy after fails to find sponsor
Oakbay Resources & Energy, the company owned by the Gupta family, has been unable to find a sponsor to replace Sasfin in the specified...
Decision time as Exxaro Resources gears up for new era
"UNFORTUNATELY, you are a week too early," said Mxolisi Mgojo, CEO of Exxaro Resources. That’s his response to a question about whether the group...
Self-inflicted damages worsen metals downturn for Africa
IN Southern Africa, severe drought conditions, a drop in commodity prices, and increasing pressure on the state purse have hit key mining economies. Some...
Vedanta targets expansion of South African footprint
UK-listed diversified mining firm, Vedanta Resources, said it intended to expand its operational base in South Africa building on a decision in 2014 to...
Wheels came off, but Transnet’s Gama sees green shoots
THE year-end results of Transnet, South Africa's state-owned transport and logistics company, provides an alternative snapshot of the health of the national economy; one...