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...
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...
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...
Glasenberg plays straight bat to DoJ as Glencore posts “light” interim...
GLENCORE CEO, Ivan Glasenberg, played the straightest of bats to concerns the US Department of Justice (DoJ) will investigate the company saying in comments...
Glencore may extend share buy-back beyond $1bn in Q4
GLENCORE raised the prospect it could extend a share buy-back programme beyond the targeted $1bn as there weren't any promising merger and acquisition (M&A)...
Add women in mining to agenda of DMR’s Safety Summit next...
THE safety of women working in mining - especially underground mines - ought to be added to the list of important items to discuss...
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...
Merafe delivers record payout as stainless steel demand grows
AS anticipated by some analysts ferrochrome producer, Merafe Resources, has declared a record interim dividend for the six months to end-June totalling R200m (2017:...
Surge in resource nationalism blind to the consequences
Investors in a number of mining companies operating in Africa – including Randgold Resources, Acacia Mining and Ivanhoe Mines – have had some unpleasant surprises...
Predatory Mining Charter draft a major negative for junior miners
South African mining companies say that the new iteration of the Mining Charter will have a greater dilutory impact on capital providers’ returns than...