Kumba hails “stabilisation” of Transnet logistics chain
KUMBA Iron Ore CEO Mpumi Zikalala on Tuesday said there were signs of a "stabilisation" in the performance of Transnet Freight Rail (TFR), the...
SA chrome tax not a balanced approach to development
VALTERRA Platinum described a proposed chrome tax as not a balanced approach to economic development in South Africa.
Earlier this month, South Africa's Cabinet approved...
Valterra to surge into net cash after disappointing start
VALTERRA Platinum kicked off life as an independent company in relatively poor financial form, posting on Monday a heavier-than-expected 81% decline in headline share...
Botswana seeks majority control of De Beers – report
BOTSWANA wants a controlling interest in De Beers, further complicating Anglo American's efforts to divest of the diamond producer, according to a report by...
Griffith the latest talent to swim free of Vedanta’s grasp
THE departure of Chris Griffith, former CEO of Anglo American Platinum (Amplats), from Vedanta this month is the latest in a series of setbacks...
Ghana shortens licences in sweeping mining law reform
GHANA has announced its most comprehensive mining legislation reforms in nearly two decades, featuring shortened licence periods and mandatory direct revenue-sharing with local communities,...
Zijin leads race for Barrick mine, Tongon
CHINA'S Zijin Mining has emerged as the leading contender to purchase Barrick Mining's Tongon gold operation in northern Ivory Coast, said Reuters citing sources...
De Beers to post interim loss as discounts inventory diamonds
ANGLO American on Thursday said its diamond and steelmaking coal businesses would be loss-making in the first half of its financial year.
This was owing...
Northam hits one million oz target – but Dunne cautious on...
NORTHAM Platinum struck a cautious note on recovering platinum group metal markets saying that the outlook remained uncertain and volatile.
Commenting in the group's year-end...
Glencore to shutter final Australian copper mines
GLENCORE will close its final two copper mines in Queensland's Mt Isa next week, ending more than 60 years of upstream operations after deeming...