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Cons Murch goes into business rescue

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Consolidated Murchison has been put into business rescue proceedings after a deal to sell the company to Australian junior Stibium Mining fell through.

Vedanta, Anglo zinc merger “needs to be digested”: Agarwal

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VEDANTA executive chairman, Anil Agarwal, hasn't entirely given up the notion of combining his group's Hindustan Zinc with Anglo American which he said today...

BHP sells Bayside casthouse to BEE firm

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BHP Billiton is to sell its Bayside aluminium casthouse to an empowerment vehicle in which semi-fabricator Hulamin has a 40% stake.

Vedanta’s Gamsberg benefits as SA economy slows

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ONE of the more chastening points made by Tom Albanese, CEO of Vedanta Resources, was that the company was able to cut the cost...

Motsepe issues Zambia royalty warning

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Patrice Motsepe, executive chairman of African Rainbow Minerals, said changing the rules midstream, as Zambia has done with royalties, was "a no-no".

Ivanhoe to sell Kamoa share in $412m Zijn deal

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Ivanhoe Mines is to sell 49.5% of its Congo copper project Kamoa to China's Zijn Mining Group for $412m which will also raise 65% of first phase capital.

Vedanta raises prospect of more copper cuts

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Tom Albanese, CEO of Vedanta Resources, said there may be more cuts in copper output at Konkola Copper Mines if the power shortage problem intensified.

Zim chrome miners welcome export reform

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Chrome miners in Zimbabwe welcomed the lifting of an export ban but conditions in the sector were still very challenging.

South32 content to bide time on Eskom power contract

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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...

Vedanta’s Anil Agarwal says SA’s ‘agony’ can be overcome

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THERE is the brief prospect of travelling in the Rolls to the Mount Nelson hotel in Cape Town’s Gardens district, but I’m shepherded instead...