SA could be left behind as Namibia, Angola & Zimbabwe modernise...
NAMIBIA, Angola and Zimbabwe have changed their mining legislation recently in an effort to attract and incentivise new investments in the sector.
These changes are...
Brumadinho dam disaster may harm risk appetite for mining industry globally
THE Brumadinho dam disaster, Brazil's second in four years, would harm risk appetite in the world's mining sector and further tarnish its image, said Reuters.
Brazilian...
Fears of unprecedented $8bn DoJ fine behind Glencore’s toiling share price
AMONG the most perplexing of share price performances of 2018 must be that of Glencore. The stock fell 16.8% during the 12 months and...
Anglo numbers mark group out as share to watch in 2019...
ANALYSTS acknowledged another strong production performance from Anglo American in the fourth quarter of its 2018 financial year, published today.
Apart from the odd blips...
How new private equity capital is going where mining firms fear...
ONE of the consequences of the mining sector’s new-found interest in shareholder returns over endless growth in market share has been a reluctance to embark...
Kropz may need to raise $100m to realise long-term diversification goals
PHOSPHATE mine developer, Kropz, which is completing the Elandsfontein mine near Langebaan north of Cape Town, will need to raise about $80m to $100m...
’60 pages of murky text and obscure formulae’: What to make...
THE South African government's Department of Mineral Resources (DMR) took the opportunity of a quiet December period to gazette the 'Guideline Regulations' to Mining...
President John Magufuli’s Tanzania to re-allocate mineral-bearing property
THE reform of Tanzania's mining sector continued apace after the east African country's controversial president, John Magufuli, said the state would take back tracts...
PIC suspends Fidelis Madavo amid questions of R4.3bn investment in Ayo...
FORMER mining analyst and the current head of listed investments at the Public Investment Corporation (PIC), Fidelis Madavo, has been suspended by the government-owned...
SA’s National Treasury turns down crisis-hit Zimbabwe request for $1.2bn loan
SOUTH Africa declined Zimbabwe’s request to borrow $1.2bn (about R16bn), said Fin24 which republished a Bloomberg News article.
The country made the request for a...