Kenmare MD announces plans to step down in August
KENMARE Resources' founding MD Michael Carvill is to step down from the company in August ending neary 40 years with the mineral sands miner.
"As...
Anglo ‘review’ raises familiar themes as it looks to regain trust
THE reason investors buy shares in diversified mining companies is to lower the risk presented by volatile and cyclical commodity markets. That approach, however,...
Froneman dismisses rights issue risk for Sibanye-Stillwater
NEAL Froneman, CEO of Sibanye-Stillwater said a rights offer to shore up the group's under pressure balance sheet was a last resort.
"This preception is...
SA business welcomes Phillips as Transnet CEO
SOUTH Africa's business community welcomed the appointment of Michelle Phillips as Transnet CEO saying it would help maintain momentum as the ports and rail...
Anglo’s Wanblad cautious about pace of change at Transnet
ANGLO American CEO Duncan Wanblad welcomed recent steps by the South African government to introduce private sector participation in the country's rail network, but...
Saudi PGM smelter proposal may test SA Govt’s loyalties
PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force...
Elliott Management to invest in mineral assets worth $1bn
ACTIVIST investor Elliott Management is setting up a company that aims to buy undervalued mining assets worth $1bn, according to an updated report by...
Anglo’s Wanblad says “nothing off the table” in portfolio review
ANGLO American CEO Duncan Wanblad on Thursday unveiled a "systematic" review of the group's portfolio in which he promised "further actions" aimed at unwinding...
Madagascan president’s ex-aide convicted of offering mining licence for bribes
MADAGASCAN President Andry Rajoelina's ex-chief of staff was convicted in a London court on Tuesday of offering to help precious stone miner Gemfields win...
Transnet to name new executive appointments by month-end
TRANSNET was expected to finalise the appointment of a new permanent CEO and someone to head its largest division, Transnet Freight Rail by the...