Home News Page 845

News

Wesizwe plays waiting game in BEE muddle

0
Wesizwe Platinum hasn't yet become embroiled in the once-empowered, always-empowered debate as its BEE partners are still technically 'empowered'.

Does Molefe have the measure of Eskom?

0
Transnet's Brian Molefe has faced turnaround tasks before but will his considerable leadership skills be enough for a swerving car wreck like Eskom?

SA platinum in need of Lonmin, Impala union?

0
A report by Deutsche Bank sketches the fascinating scenario of an Impala-Lonmin combination as a means of installing sense into SA's platinum sector.

Anglo may opt for scrip dividend

0
Anglo American is thought to be considering an interim dividend payment which could save it $1bn in much needed cash.

Exxaro blames 24% fall on volatile market

0
Exxaro Resources has seen its share decline 24% this month, a somewhat surprising show of weakness considering its year-end figures.

Eskom in cheery ‘maintenance festival’ pledge

0
In his first address as acting Eskom CEO, Brian Molefe offered the dubious news of a "maintenance festival" this week in preparation for winter demand pressure.

Rio’s Murowa cut output 61% to avoid tax

0
Output at Rio Tinto's Murowa diamond mine was 61% in the first quarter in an effort to minimise the impact of a beneficiation tax that will not be applied.

Kibo leaps 33% … now comes the difficult bit

0
Kibo Mining signed a development agreement for an ambitious coal-fired energy project in Tanzania. The capital required to build it, however, is immense.

TFR’s Gama to cover for ‘seconded’ Molefe

0
Siyabonga Gama, Transnet Freight Rail boss, is made acting CEO of Transnet while incumbent, Brian Molefe, works in "secondment" at Eskom.

Tribunal gives nod to Sibanye Cooke 4 restructure

0
South Africa's Competition Tribunal approves the restructure of Cooke 4 by Sibanye Gold which said it could now derive a R50m profit from the asset.