Home News Markets Page 157

Markets

South32 takes cash to $1.69bn but warns of global cost pressures

0
SOUTH32 took net cash to $1.67bn in the first quarter of its 2018 financial year despite an increase in working capital requirements, its buy-back...

Zwane hits out at critics saying he “… created thousands of...

0
EMBOLDENED by South African president Jacob Zuma's decision to retain him in cabinet,  mines minister, Mosebenzi Zwane, kicked back against attempts to "... try...

Kropz warns court bid to suspend licence will hurt environment

0
KROPZ has hit back at environmental groups opposing its proposed R1.5bn Elandsfontein phosphate mine situated near the ecologically sensitive Langebaan Lagoon in South Africa's...

DMR bungling drove South32’s Kerr up the wall, and in to...

0
SOUTH32 CEO, Graham Kerr, caused a minor storm recently when in a newspaper article he described South Africa's business environment as "uninspiring" and "depressing"....

Kenmare edges to record annual ilmenite output in 2017

0
MOZAMBIQUE mineral sands mining firm, Kenmare Resources, was on target for 2017 production guidance of between 950,000 to and 1.05 million tonnes (Mt) of...

Engrossed in its politicking, Government is blind to market indifference

0
THE absolute, stand-out moment of the Joburg Indaba conference was perhaps its most chilling. Asked for his view about investing in South African mining,...

Mgojo seeks to win back Chamber’s moral high ground

0
CHAMBER of Mines president, Mxolisi Mgojo, sought to reclaim the organisation's moral high ground today telling delegates at the Joburg Indaba mining conference that...

Why DA’s Mmusi Maimane would “rip up” the Mining Charter

0
MMUSI Maimane, leader of South Africa's Democratic Alliance (DA), would "... rip up the Mining Charter" in favour of identifying new, 100% black-owned mining...

CoM’s Baxter defends boycott saying he won’t condone Zwane

0
SOUTH Africa's Chamber of Mines defended its decision to boycott the opening of a mining conference in Johannesburg last night that was attended by...

Mkhize calls for Charter talks even as day in court looms...

0
AGREEMENT between the South African government and the country's mining sector on a new Mining Charter could only be reached through negotiation, said African...