Home News Markets Page 172

Markets

Miners in spin as DMR discounts pre-2004 BEE

0
The South African government has put its mining sector into a panic by seemingly wanting to discount empowerment deals concluded before May 1, 2004.

Global mining sector resigned to year of hardship

0
There's no escaping 2015 for the world's mining industry with financial hardship, belt-tightening, and investor scepticism is likely to dominate, analysts say.

Anglo may sell Eskom thermal coal business

0
Anglo American CEO, Mark Cutifani, said the group was considering selling all or part of its thermal coal business which was considered to be non-core.

SA miners top global peers in gender equality

0
Gender equality on South African mining company boards far exceeds the international average, although there are some suprising variances.

MPRDA amendments may be revisited

0
South African mines minister, Ngoako Ramatlhodi, declined to guarantee proposed amendments to mining law would not revisited in Parliament.

Is Ramatlhodi’s mining champion a good idea?

0
Ngoako Ramatlhodi's vision for "a national champion" provides an interesting insight into the South African mine minister's vision for the industry.

Debt shortage to drive mining M&A in 2015

0
A lack of quality debt finance to all but the largest mining companies would see the private sector helping to drive more merger and acquisition activity in 2015.

Glencore may cut capex $2bn to protect dividend

0
Glencore may have to cut up to $2bn in capital expenditure to preserve its credit rating and cover its dividend, analysts said.

Anglo impairs assets amid sharp price declines

0
Anglo American would impair assets for its 2014 financial year, especially bulk commodity prices, amid a sharp retraction in prices during the period.

Plaudits & raspberries 2015: the favourites

0
Already Tshediso Matona is getting heat after Eskom said it may return to load-shedding. Who else is in the firing line or will attract the ticker tape in 2015?