Stuart Chambers to succeed John Parker in Anglo chairmanship
ANGLO American said it had appointed Stuart Chambers (61) as its chairman who will succeed Sir John Parker who is to step down from...
Time for DMR to dispense with old era BEE ownership targets
MINING shares of all stripes are certain to be affected if mines minister, Mosebenzi Zwane, makes good on a promise to gazette a "revolutionary"...
Cash evaporates at Oakbay as IDC debt repayment looms
CASH resources at Oakbay Resources And Energy evaporated during in the 12 months ended February, but the company insisted it remained a going concern.
Cash...
CoM not met with DMR for two months despite charter imminence
THE Chamber of Mines (CoM) had not met with the Department of Mineral Resources (DMR) for two months regarding the mining charter despite the...
Pallinghurst launches bold restructure with $150m Gemfields buyout
PALLINGHURST Resources is to buyout minority shareholders in UK-listed gemstones company, Gemfields, by offering $150m in its shares in a transaction that marks the...
Mining Charter 3 may not see light of day in 2017
A PRESENTATION by the Department of Mineral Resources (DMR) to the Portfolio Committee on Mineral Resources earlier this week in South Africa's parliament suggested...
BHP, Elliott debate suggests investors still wary of management
ONE of the interesting features to emerge from BHP Billiton’s recent run-in with investor activism was the claim that it was better to return...
South32 is raking it in as cash balances hit US$1.5 billion
South32’s net cash balance rose by US$645m during the March quarter to hit $1.5bn at the end of March and the group has been...
Pan African Resources gets its ducks in a row at Evander
The Elikhulu tailings retreatment project is the current focus of attention at Pan African Resources’ Evander Mine but crucial for the mine’s medium-term future...
South32 M&A push frustrated after Metropolitan deal abandoned
SOUTH32 has pulled the plug on a proposed $200m acquisition of the Metropolitan Colliery and 16.67% stake in the Port Kembla Coal Terminal from...