Tuesday, February 19, 2019

The SA government would have a new charter ready by March 2016 and would lift sanctions for non-compliance to 10% of income from current R500,000 charter.

ANGLO American Platinum (Amplats) placed the cherry atop its painful five-year restructuring strategy by paying a R900m dividend - equal to R3.49/share - a...

Eskom had petitioned the public enterprises minister, Lynne Brown, to make the Brian Molefe's position permanent at the power utility.

Peter Steenkamp will return to Harmony Gold in January where he will replace Graham Briggs as the gold firm's CEO.

Metmar Africa, in which JSE-listed Metmar Limited, has acquired a 40% stake in Zimbabwe Alloys Chrome for $51.3m.

GLENCORE raised the prospect it could extend a share buy-back programme beyond the targeted $1bn as there weren't any promising merger and acquisition (M&A)...

Construction work has started on the Phoenix Platinum tailings retreatment project near Brits, where production should start in October if all goes to plan.

Village Main Reef signed an an across-the-board increase of R1,000 for all underground employees and R800 for surface employees.

Randgold Resources has withdrawn from an agreement to mechanise Obuasi, the Ghana gold mine that saw owner AngloGold burn $300m a year.

Yet the gold miner operates under wafer-thin margins which has put the onus on more cost-cutting and getting stalwart mines to perform to their best.