Home News Markets Page 142

Markets

South32 takes out $60m in costs as SA coal now primed...

0
SOUTH32 said it would start the search for a black-owned investor for its South African coal business in September following a restructuring of the...

Kenmare to unveil dividend policy in October, despite pressures

0
KENMARE Resources CEO, Michael Carvill, promised to provide detail in October regarding the firm's plans to resume dividend payments. This followed a strong production period...

Ramaphosa calls for ‘tightening’ of safety laws after latest deaths

0
SOUTH African president, Cyril Ramaphosa, said the country would "tighten up" safety regulations in order to hold mine management personally accountable for mineworker fatalities,...

Sibanye in $500m streaming deal to quell rights issue collywobbles

0
SIBANYE-Stillwater is tackling the huge debt that has alarmed investors by selling a portion of future gold and palladium production from its US operations...

Agarwal’s Volcan machinations may put esprit in Anglo rating

0
A REPORT by LiveMint, an Indian publication, quotes two unnamed sources as saying a decision by Volcan Investments to buy the shares it doesn’t...

Public comment for Mining Charter extended to end-August

0
PUBLIC comment on the draft Mining Charter will be extended by a month to end-August with a view to finally delivering a document by October...

Glencore to capitalise on flagging share in buy-back of up to...

0
GLENCORE will take advantage of its under-performing share price this year by launching a buy-back programme of up to $1bn in value. The programme, to...

Kropz may raise ‘in the vicinity’ of £50m in AIM listing

0
KROPZ, the phosphate exploration and development company, may seek to raise "... in the vicinity" of £50m when it lists in London later this...

Glencore may consider share buy-back owing to price weakness

0
AS shares in Glencore continued to edge down today, analysts theorised on the likely consequences of a possible investigation into the trading affairs the...

Advances yes, but is the SA Govt’s Mining Charter still at...

0
AT the time of writing, a summit involving Government, the mining industry as represented by the Minerals Council, and other stakeholders such as unions,...