AngloGold lauded as cost cutting bears fruit
The group's Obuasi gold mine will be restructured as part of a cost drive that had borne fruit for CEO, Srinivasan Venkatakrishnan.
Anglo earns R1.67bn after selling remaining 8% stake in thermal coal...
ANGLO American completed the sale of the balance of its South African thermal coal assets nearly a year ago but it participated in some...
Strike at Wesizwe Platinum’s Bakubung mine enters third week
A STRIKE at the Bakubung platinum group metal (PGM) mine operated by China's Wesizwe Platinum has entered its third week without sign of resolution.
The...
Botswana to dominate SA in diamond cutting
Botswana is going to far outclass SA when it comes to the local beneficiation of diamonds, following the new marketing deal it has negotiated with De Beers.
Anglo to list Amplats in London to lessen ‘flow-back’
ANGLO American will list its 79% owned subsidiary Anglo American Platinum (Amplats) in London in an effort to stem capital outflows when the group...
Caterpillar banks on Chinese metamorphosis
Miners may be talking about throttling back capital expenditure amid global economic growth fears, but one of the more sensitive players to upstream tremors is staying optimistic.
Northam Platinum posts solid lift in first half production
NORTHAM Platinum reported a 3.7% increase in refined platinum for the six months ended December as production ramped up at Eland and there was...
De Beers, Sibanye-Stillwater snag top two spots in Alva Q1 ESG...
DE BEERS took the top spot in environmental, sustainability, and governance (ESG) rankings compiled by the UK's Alva, an organisation that assigns scores based...
Optimum Coal sues Eskom
Optimum Coal has taken Eskom to arbitration in a bid to cancel the supply contract between the Optimum Colliery and Eskom's Hendrina power station because of a dispute over coal quality.
Diversified miners BHP, Glencore still trailing metal prices
COMMODITY prices kicked on in the early days of 2018 – the Bloomberg Commodities Spot Index jumped to its highest since December 2014 on...