Anglo SA deputy Norman Mbazima calls time on tickbox BEE
TWENTY years ago, in a tightly packed auditorium at Anglo American, the group’s financial results ended in banner fashion. After months of speculation, the...
Glencore M&A doesn’t mean miners have returned to old ways
DAYS after concluding the recapitalisation of its balance sheet, and reinstalling the dividend, Glencore boss, Ivan Glasenberg, announced a proposal that the Swiss-headquartered company...
South 32 shoots the lights out as SA aluminium booms again
South 32 churned free cash flow and profits during the year to end-June as the group benefitted from the global recovery underway in demand...
Africa’s ‘miner bashing’ plays to the popular heart
COMMENTING on a decision by the Tanzanian government to blockade gold-bearing concentrate produced from Acacia Mining’s Bulyanhulu and Buzwagi mines earlier this year, Investec...
MPRDA heading for same legal wrangling as Mining Charter
LEGAL experts have warned that amendments to the Minerals & Petroleum Resources Development Act – crucial for regulatory certainty in South Africa’s mining industry...
Zero sum game: Why the Mining Charter redraft has no winners
The third revision of the Mining Charter gazetted on June 15 sent shock waves through South Africa’s mining industry. The onerous set of new...
Political dysfunction to further weaken SA’s economy: Moody’s
POLITICAL dysfunction and a gradual weakening of institutional health would undermine the South African economy, said credit ratings agency, Moody's, which said both factors...
Kropz ices controversial Langebaan phosphate project
KROPZ, a private company aiming to establish a 1.5 million tonne per year phosphate fertiliser plant in the Western Cape, has suspended development of...
Ivan the trader doesn’t dream about building mines
IT'S probably just coincidence and most likely doesn't stand for very much, but I thought it's interesting Glencore's board consists largely of accountants. There...
The day Anglo’s Cutifani proved his detractors wrong
AT one point during Anglo American’s interim results presentation last month, a question posed by the audience called for interaction between three of the...