South32 may launch share buy-back as cash tops $1bn
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
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
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
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
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
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
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
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...
Anglo prepares for SA disposals transferring Amplats, De Beers
ANGLO American continues to lay the groundwork for the disposal of its South African iron ore and export coal assets despite comments last month...
Capture of DMR all but complete, says shadow mines minister
THE capture of South Africa's Department of Mineral Resources (DMR) by vested interests was imminent.
This was the import of a statement issued by James...