Zwane says investors have embraced Mining Charter redraft
EVERY investor with whom South African mines minister, Mosebenzi Zwane, had met following the publication of the redrafted Mining Charter on June 15 had...
ARM declares record dividend but flags trouble ahead at Nkomati
African Rainbow Minerals (ARM) trebled headline earnings to R3.2bn in the year to June and more than doubled its dividend to a record 650c...
Swanepoel revelling in comedian with a conscience role
IN his heyday – when he ran Harmony Gold during its expansion phase before the train smash with Gold Fields – one of the...
Bodies of last two missing mineworkers recovered from Kusasalethu
The bodies of the last two of the five mineworkers trapped by a fall of ground following a rockburst last Friday morning at Harmony’s...
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...