Pallinghurst planning “value unlock” as 10-year term rolls up
PALLINGHURST Resources is exploring "all options available" regarding unlocking "inherent value" of its assets, but this would not extend to an unbundling of any...
SA political instability a negative for Anglo’s spin-off plans
POLITICAL instability in South Africa would be "slightly negative" for Anglo American as the restructuring of its local assets might be delayed, but gold...
Mining charter amendments a mystery as March deadline nears
SOUTH Africa's Chamber of Mines did not have any meetings scheduled with the Department of Mineral Resources (DMR) this week which means it would...
Kropz to miss March start-up date for Elandsfontein mine
WHEN last we left Kropz, a company in which Patrice Motsepe’s African Rainbow Capital has shares, it was targeting March for first production of...
South32 unveils $500m capital return to shareholders
SOUTH32 today demonstrated the strength of its balance sheet and confidence in its cash generating capability unveiling a stunning $500m capital management programme starting...
So far, so good for Mgojo as dust starts to settle...
IT'S nearly two years since Mxolisi Mgojo stepped into the formidable shoes of Sipho Nkosi, the former CEO of Exxaro Resources - one of...
Kenmare to weigh dividends, debt reduction after harrowing 2016
KENMARE Resources, the UK-listed mineral sands operator, is to weigh the resumption of dividend payments in the current financial year following a harrowing 2016...
Master Drilling pays maiden dividend amid global expansion
MASTER Drilling, a mining services company that specialises in raise bore drilling, has approved the payment of a maiden dividend of 30 South African...
South32 may launch share buy-back as cash tops $1bn
SOUTH32 has been among the most conservative of the diversified mining firms listed on the Johannesburg Stock Exchange, especially in respect of managing its...
Agarwal investment in Anglo handy for PIC ambitions
IT'S hard to believe Anil Agarwal's investment in Anglo American - achieved through the family investment vehicle - is anything other than the prelude...