Menar swoops on strategically crucial RBCT tons in $28m Kangra deal
UNLISTED thermal coal miner, Menar Holdings, has bought Kangra Coal including strategically important access to Richards Bay Coal Terminal (RBCT) entitlement in an effort...
Glencore’s solid numbers lift gloom cast by exogenous factors
GLENCORE turned in solid production numbers for the second quarter and first half of its financial year, a feature of which was the ramp-up of...
Anglo’s ‘balance’ argument on returns informed by project pipeline
INVESTORS were a little sniffy about Anglo American's reticence to go over and above its stated dividend policy of paying out 40% of earnings.
The frustration...
Cutifani declares Anglo will be “impervious to shocks” as trade war...
ANGLO American CEO, Mark Cutifani, declared his company had been fashioned to handle "anything the market can throw at us", adding that while he...
Investor migration forecast for under-valued Anglo American
THE deterioration in the commodities market this year has not dimmed prospects for Anglo American, according to analysts who prefer the stock as it's...
Anglo ticks along with Amplats lifting guidance; iron ore, coal drag
THE majority of assets operated by Anglo American ticked along reliably in the 2018 financial year with diamonds, copper and platinum performing well, the...
South32 takes out $60m in costs as SA coal now primed...
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
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
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
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...