Eskom gives short shrift to Exxaro’s Arnot proposal
Eskom has rejected an offer from Exxaro Resources to restructure coal mining at Arnot in South Africa's Mpumalanga province saying it would not make...
Glencore savaged as shorts prey on debt fears
Glencore led the way in a dire day's trade for mining stocks with fears about the cost of servicing debt high on the agenda of investors and speculators.
Anglo asset sales readying group for a takeover, says analyst
THE much-vaunted restructuring of Anglo American was preparation for the company’s takeover, said Paul Gait, an analyst for Bernstein.
"No longer does this feel simply...
Nkosi asks whether SA miners “acted honestly” in BEE deals
FORMER CEO of Exxaro Resources, Sipho Nkosi, has questioned whether the South African mining industry has "acted honestly" in its efforts to implement black...
SA mining charter talks “flawed” and “limited”: Chamber of Mines
DISCUSSIONS regarding a fresh version of South Africa's mining charter were "flawed" and failed to absorb industry concerns, said Roger Baxter, CEO of the...
Exxaro’s De Klerk to take up ArcelorMittal SA post
WIM de Klerk, described last week by former Exxaro CEO, Sipho Nkosi, as one of South Africa's best financial directors, has been appointed CEO...
Junior mining in South Africa..? Think again.
SPARE a thought for the junior mining companies. If it’s hard for large mining firms to attract investment and raise capital, then you can...
Exxaro weighs options for Kumba, Tronox as debt leaps
EXXARO Resources is weighing its continued investment in its iron ore and mineral sands investments following another challenging financial year ended December 31 in...
CoM rails against ‘undue pressure’ as state capture uproar grows
SOUTH Africa's Chamber of Mines (CoM) joined business and civil organisations, as well as parliamentarians, in condemning allegations the Gupta brothers - Atul, Rajesh...
New technology tipped to save 200,000 SA mining jobs by 2025
INVESTING in technology that extended reserve and resource life could save some 200,000 jobs that might be lost by 2025 in South Africa's mining...