Rio’s tax to boost Guinea’s infrastructure
Guinea will use 35% of a $700m windfall from Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, says a Guinean official.
David Brown, Northam chairman and former Impala Platinum CEO, passes away
DAVID Brown, chairman of Northam Platinum, passed away on Sunday from a heart attack, according to industry sources. He was 59.
Brown, who was also...
CSN won’t sell Riversdale stake, says CFO
CSN has no immediate plans to sell its stake in Australia's Riversdale Mining on which it is relying as a source of coal, says CFO Paulo Penido Marques.
‘I tend to run towards danger’ – Cockerill
At an age – 69 year – where many would be looking to slow down and ease into retirement Ian Cockerill has taken on...
Anglo concludes sale of Exxaro Resources stake for R3bn
ANGLO American confirmed it had sold its 9.7% stake in Exxaro Resources for R3bn ($215m) or some R87/share representing a 10% discount to Exxaro's...
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...
Sibanye-Stillwater’s Stewart eyes return to dividend
AS incoming Sibanye-Stillwater CEO Richard Stewart steps into the massive mining boots of Neal Froneman, dividends are on his mind - and no doubt...
Master Drilling targeting high risk, high reward projects
DIVERSIFICATION and a policy of going for 'high risk, high reward'projects are the two key strategies underlying Master Drilling’s business approach according to CEO...
Kumba to extract 24-month payback on Kolomela
Kolomela, the nine million tonne/year iron ore mine which is perhaps Kumba
Iron Ore CEO Chris Griffith's finest achievement, will provide payback in two
years owing to its early commissioning.
De Beers diamond sales slump in 2019
De Beers ended 2019 on a depressed note with its 10th - and final - diamond sales “sight” for the year realising $425m...