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Kenmare to weigh dividends, debt reduction after harrowing 2016

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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

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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

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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

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IT'S hard to believe Anil Agarwal's investment in Anglo American - achieved through the family investment vehicle - is anything other than the prelude...

Agarwal’s £2bn gambit could put Anglo American into play

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ANIL Agarwal's £2bn investment in Anglo American shares, giving his trust - Volcan Investments - a 13% stake in the UK-listed firm, was an...

Motsepe will shut mines rather than bow to misled communities

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AFRICAN Rainbow Minerals (ARM) chairman, Patrice Motsepe, has sounded a dire warning over the "highly politicized" interaction between the mining sector and the...

Vedanta’s Agarwal stages surprise £2bn swoop on Anglo shares

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ANIL Agarwal, chairman of Vedanta, is to buy a £2bn stake in Anglo American which will make him the second largest shareholder in the...

Proposed MPRDA amendment on small mining unconstitutional

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ATTORNEYS say a proposal to amend a section of the Minerals & Petroleum Resources Development Act (MPRDA) so that small mining is restricted to...

MPRDA amendment calls for black-control of small-scale mining

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SMALL scale miners must be black-controlled in order to apply for a mining permit according to a proposed amendment to the Minerals & Petroleum...

Exxaro may distribute $850m stake in Tronox to shareholders

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EXXARO Resources is to exit its 43.66% stake in Tronox, a titanium dioxide and alkali chemicals business, in order to focus on its core...