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CoM rails against ‘undue pressure’ as state capture uproar grows

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SOUTH Africa's Chamber of Mines (CoM) joined business and civil organisations, as well as parliamentarians, in condemning allegations the Gupta brothers - Atul, Rajesh...

High Court to mull Scholes’ plan to nuke mining charter

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MEDIATION between South Africa's Department of Mineral Resources (DMR) and the country's Chamber of Mines (CoM) may be the quickest route to settling differences...

Glasenberg detects flickers in market after chastening year

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IVAN Glasenberg, CEO of Glencore, made the interesting admission in question time following the group’s full-year results presentation that perhaps the Swiss-based group was...

ARM ponders copper, platinum cuts; investment in Kumba

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AFRICAN Rainbow Minerals (ARM) intends carrying out further cutbacks and workforce reductions on its copper and platinum operations as depressed commodity prices dropped the...

Exxaro’s De Klerk to take up ArcelorMittal SA post

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WIM de Klerk, described last week by former Exxaro CEO, Sipho Nkosi, as one of South Africa's best financial directors, has been appointed CEO...

Guessing the time as world’s mining clock ticks on

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THERE have been many ways of quantifying the damage inflicted by over-supply and falling demand in the commodity sector over the past three years,...

Eskom gives short shrift to Exxaro’s Arnot proposal

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Eskom has rejected an offer from Exxaro Resources to restructure coal mining at Arnot in South Africa's Mpumalanga province saying it would not make...

Exxaro weighs options for Kumba, Tronox as debt leaps

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EXXARO Resources is weighing its continued investment in its iron ore and mineral sands investments following another challenging financial year ended December 31 in...

Zwane concedes SA mining needs foreign firms in MPRDA debate

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SOUTH African mines minister, Mosebenzi Zwane, said legislation and black economic empowerment (BEE) credentials shouldn’t frighten investors and he guaranteed that the government won’t...

Glencore may consider buying Anglo Cerrejon stake

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GLENCORE said it would consider buying Anglo American's stake in Colombian coal business - Cerrejon - despite embarking on its own $5bn asset disposal...