Six of the best: good news stories that lit up 2016
THERE was a good deal of trepidation in January 2016 as analysts and executives forecast another year of nail-biting austerity. And whilst it's not...
Omens good for Anglo in 2017 as iron ore, diamonds turn...
2017 may be a vastly improved year for Anglo American, in which it celebrates its centenary, with its investments in Kumba Iron Ore and...
Nunn’s Kropz wary of “push back” as political noise grows
MIKE Nunn, the mining entrepreneur that brought us Tanzanite One which briefly stole the spotlight from diamonds, is back on our screens again as...
Glencore’s Rosneft deal signals return to deal-making
GLENCORE'S Ivan Glasenberg made a stunning return to deal-making after 18 months of austerity by joining its 9% shareholder Qatar Investment Authority (QIA) in...
DMR “out of court” settlement on charter seems unlikely
A SOUTH African government declaration that it was "progressing" towards an out of court settlement with the country's mining sector on black economic empowerment...
Trump can give metals a push, but it’s China that matters
ANALYSTS are puzzling over the extent to which US president-elect, Donald Trump, has helped stimulate the world’s commodity markets further following a somewhat vague...
Glencore rehabilitation complete as unveils $1bn dividend
GLENCORE gave notice of its rehabilitation following a tumultuous 2015/16 saying it would pay a dividend of $1bn in two halves during its 2017...
Anglo to sell 9.7% in Exxaro, will drive funds into debt...
ANGLO American is to sell its entire 9.7% direct stake in Exxaro Resources by means of an accelerated book-build to institutional investors, the UK-listed...
Beleaguered Hwange abandons rights issue as debts pile up
HWANGE Colliery Company (HCC's) funding woes continued after it announced it had suspended long-standing discussions about issuing shares for cash.
It said in an announcement...
Defiant Baxter warns Govt miners will not take charter “lying down”
SOUTH Africa's mining industry faces additional levies and taxes of between an estimated R2bn to R3bn a year whilst R2bn already contributed by it...