Time to call an end to the commodity price slump
IT’S time to revisit the investment clock, the diagram reproduced by Investec Securities which shows how the mining market was nearing 4pm - that...
Emerging coal miners bypassing RBCT empowerment scheme
OPENING up export markets to emerging, black-owned thermal coal miners has been close to the heart of the South African government for many years,...
Sibanye turns focus to gold consolidation
Neal Froneman, Sibanye Gold CEO, said only regional consolidation among gold producers could make further significant in-roads to industry costs.
NUM weighs mass action against charter ‘travesty’
The National Union of Mineworkers said it may protest against the declaratory order judging certain outcomes of the mining charter.
Sibanye employees attacked amid illegal strike at Cooke
FOUR employees of Sibanye Gold were injured, two seriously, following illegal industrial action during the night shift on October 3 at the firm's Cooke...
US court fines hedge fund Och-Ziff $135m for corruption in DRC...
MULTI-billion dollar hedge fund Och-Ziff has been fined $135m for corruption linked to mining projects in the Democratic Republic of Congo (DRC), according to...
AngloGold, Gold Fields pause Ghana JV as gold soars
ANGLOGOLD Ashanti and Gold Fields have suspended plans to form a joint venture between their Ghana mines Iduapriem and Tarkwa.
The Johannesburg-listed companies said on...
Egypt gives clearance to AngloGold takeover of Centamin
ANGLOGOLD Ashanti today said its proposed takeover of Centamin had been approved by the Egyptian competition authorities keeping the $2.5bn deal on course for...
Absa to take stake in Kibo’s 300MW coal to power project
SOUTH African bank Absa is to take an equity stake in an Tanzanian coal-to-power development project which is being built by Kibo Mining, a...
‘When it comes to M&A people just shoot in the dark’...
BARRICK Gold CEO Mark Bristow repeated his usual mantra of "organic growth to maximise shareholder value" on the sidelines of the Mining Indaba conference,...