Court dismisses bid to consolidate mining charter actions
A BID to consolidate a legal case declaring South Africa's Mining Charter unconstitutional with an unrelated court application regarding the document by the Chamber...
Debt cut, China property sow seeds of market recovery
IT’S perhaps a sign of the confused state of the mining market that two prominent brokerages don’t agree on the meaning of the recovery...
Anglo sells niobium, phosphate assets for $1.5bn
ANGLO American is to sell its niobium and phosphates assets in Brazil for $1.5bn to China Molybdenum Company, a sum that could see the...
Draft charter to figure in Zwane meeting on April 26
SOUTH Africa's Chamber of Mines (CoM) will meet with mines minister, Mosebenzi Zwane on April 26 (tomorrow) in which the draft of a new...
Anglo restructure value neutral as sacrifices $2bn in earnings
THE first quarter of 2016 is now over and the signs are that Anglo American is moving with greater urgency in respect of plans...
South32 sheds its debt and slashes costs
South32 exceeded expectations in the quarter to end-March, which it ended in a cash positive position.
Graham Kerr, South32’s CEO, said the strong balance...
Anglo American production meets targets, share price drops
Anglo American’s first quarter production figures, which reflected its restructuring and were in line with previous guidance, did not sit well with investors, and...
Markets not fazed as BHP Billiton cuts its iron ore target
Investors reacted positively to BHP Billiton’s third quarter update despite mixed results and a cut in its iron ore production target - the second...
Mining Charter: DMR says it ‘anticipated’ industry’s reaction
Government has a responsibility to legislate and that was the intention with which the Department of Mineral Resources (DMR) released a new draft Mining...
Draft charter is “economic suicide” for SA
MINING minister, Mosebenzi Zwane, has caused significant damage to South Africa’s economy with the release of a new draft Mining Charter, said a senior...