Cutifani helps form bank amid mining M&A revival
MARK Cutifani, the former CEO of Anglo American, has teamed up with mining banker Omar Davis, formerly of Bank of America to set up...
Mantengu hails Blue Ridge project as corporate finance dream
MINING tailings is lucrative business for those who get the technology right. DRDGold is the established brand in the industry, but rivals such as...
Gemfields hit by shock 15% export duty on Zambian emeralds
ZAMBIA has imposed a shock 15% export duty on precious gemstones adding further pressure on Gemfields which operates the country's Kagem emerald mine.
Sean Gilbertson,...
Exxaro should stick with coal and pay out its cash
EXXARO Resources said last year it will press on with plans to diversify production into "green metals". In the case of the JSE coal...
Uncertainty high for Mozambique miners as protests continue
PRESSURE is likely to remain high on the share prices of Mozambique miners Kenmare Resources and Gemfields Group as tensions remain high in the...
Transnet books R2.2bn interim loss as operating expenses rise
TRANSNET, South Africa's state-owned ports and rail company, posted an interim R2.2bn loss for the six months ended September, R600m worse than in the...
Kenmare carries on mining at Moma despite Mozambique’s election upheavals
Operations at Kenmare Resources’ Moma Titanium Minerals Mine in northern Mozambique are continuing as normal despite ongoing election-related protests. Senior management has remained on...
“New information” led to Tsengwa suspension, says Exxaro chair
NEW information had emerged regarding Exxaro Resources CEO Nombasa Tsengwa's conduct warranting her suspension despite the board previously exonerating her, the firm's chair Geoffrey...
Hichilema hails prospect of linking Zambia to Lobito Corridor
ZAMBIAN President Hakainde Hichilema hailed plans to connect his country to the US-backed Lobito railway corridor project, saying it would boost the continent's ambitions...
Green shoots for Transnet as coal export deliveries race higher
THERE were more green shoots for Transnet Freight Rail (TFR), South Africa's state-owned ports and rail company following its strongest coal export performance in...