Wanblad labels BHP takeover pitch “disrespectful” to SA
DUNCAN Wanblad, CEO of Anglo American labelled BHP's two-step demerger and takeover proposal as "disrespectful" to South Africa, adding that his company's treatment of...
Gemfields appoints former De Beers boss as board chair
EMERALD and ruby miner Gemfields scored a coup with the appointment of former De Beers CEO Bruce Cleaver as its non-executive chairperson, effective July...
Lithium miners tumble on China reserve report
LITHIUM producers in Australia and the US declined sharply after Chinese regulators approved a reserve report from a major lithium operation, alleviating some concerns...
Resgen chairman Xate “senses momentum” as R4.2bn Boikarabelo funding nears conclusion
RESOURCE Generation's (Resgen's) long-standing efforts to secure the balance of some R4.2bn in funds required to build its Boikarabelo thermal coal mine may reach...
Glencore-Merafe Chrome JV strikes deal on R2.1bn solar plant
GLENCORE and its joint venture partner Merafe Resources have agreed a deal with Pele Green Energy to build a R2.1bn utility-scale renewable energy plant,...
Metallon battles against power faults, new currency regime
INCESSANT power outages have stymied Metallon Gold's operations in Zimbabwe after the gold producer saw production fall 15% in the March quarter. Some 4,275...
Ben’s bet only delayed inevitable Sibanye-Stillwater bid for Lonmin
IT looks as if Lonmin CEO, Ben Magara, saw the writing on the wall roughly three-quarters through 2017. Faced with the prospect that the...
South32 content to bide time on Eskom power contract
SOUTH32, created from the unbundling of BHP Billiton’s non-core assets, delivered some pleasant surprises for investors in August, cutting costs $386m in its first...
DRDGold’s Pretorius says “way is paved” for re-opening of FWGR by...
DRDGOLD said the "way had been paved" for the partial re-opening of its Far West Gold Recoveries (FWGR) operation following a telephonic meeting with...
De Beers diamond sales rise as demand from China picks up
DE BEERS sold $540m worth of rough diamonds in its third sales cycle of 2023 as at April 11 with the group seeing “continued...