Slowing Styldrift saved RBPlat R7.5bn over five years
STEVE Phiri, CEO of Royal Bafokeng Platinum (RBPlat) tells of an irony following the firm’s decision in August last year to slow development of...
Market has bottomed, but road ahead will be bumpy
ONE of the first senior voices to dare suggest the seemingly interminable slump in the minerals and metals markets was nearing an end was...
Randgold’s Bristow to convince market of dividend strategy
MARK Bristow is something of the arch iconoclast. He thinks, for instance, that the gold industry establishment is "a club", and he derives a...
Dividends on agenda despite Harmony’s debt, capital ‘priorities’
ONE of the painful lessons learned by the mining sector since the collapse of the commodity market has been the importance of using cash...
SA’s NEMA brings judgement down on trusts
AMBIGUOUS mining policies and laws left a legacy of thousands of derelict mines and latent consequences, such as acid mine drainage that is costing...
Light at the end of the tunnel for silicosis victims
IT has been a difficult year for the mining industry insofar as health and safety has been concerned, but the tide is turning for...
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...
“We’re ahead at South Deep for first time since I can...
NICK Holland has received a few knocks in his eight years as CEO of Gold Fields including an investigation by the US Securities Regulation...
Anglo would consider Kumba’s role in SA mining champion
ANGLO American would consider a proposal to use its 70% stake in Kumba Iron Ore as a founding asset to create "a different type...