Home News Markets Page 171

Markets

Is Exxaro winning back followers?

0
Shares in the coal producer have been volatile this month despite producing solid interim results, perhaps suggesting Exxaro hasn't yet won the trust of investors.

DRC will learn from Zambia tax U-turn

0
Proposals by the Congo to change its tax laws on mining firms would be informed by the U-turn performed by Zambia earlier this week.

Zijn to buy C$105m stake in Ivanhoe Mines

0
Zijn returns to South Africa for a second time in as many years agreeing to take up 9.9% of Ivanhoe Mines which is building the Platreef platinum project.

Nkosi to step down as Exxaro CEO

0
Sipho Nkosi is expected to step down as CEO of Exxaro Resources after more than eight years in charge of the coal, iron ore and mineral sands company.

South32 adopts 40% earnings payout policy

0
South32, to be demerged from BHP Billiton, would adopt a dividend cover approach as it sought a strong credit rating and targeted acquisitions.

South32 will offer JSE investors mid-cap choice

0
The listing of South32 on the JSE will see it slot into the scarcely populated mid-cap mining space currently occupied by Exxaro Resources, but few others.

Miners may test SA Govt’s BEE charter in court

0
End-March currently stands as a critical moment for the SA mining sector as a government report about the status of the 10-year BEE process falls due.

Glencore lifts payout in show of confidence

0
Glencore improved the year-end payout to shareholders despite acknowledging the commodity market had not recovered as quickly as some expected.

China’s Baosteel takes SA Govt to court

0
A series of delays in hearing a dispute over overlapping prospecting rights will see mines minister Ngoako Ramatlhodi face his first court challenge.

Petmin to continue share buy-backs

0
Petmin turned in solid interim results with its share gaining heavily, but the firm still believes ahead of an asset unbundling that the stock is under-valued.