Shanduka ties knot with Nhleko’s Pembani
The combination of the two companies creates a company worth R13.5bn with sub-Saharan ambitions and allows Cyril Ramaphosa to bring the curtain down on 13 years in business.
‘Nationalist’ Ramatlhodi is SA mines minister
Farewell to Susan Shabangu who makes way for Advocate Ngoako Ramatlhodi, a man who was subject to a correction probe that was controversially shelved.
Fiscal and regulatory failings hurt Zimbabwe
Zimbabwe had to finalise its fiscal and regulatory policies or risk continuing the resource curse that has afflicted the southern African country.
Who will be SA’s next mines minister?
Will mines minister Susan Shabangu be called upon to complete another term under the Jacob Zuma administration, or is the search on for a new candidate?
VMR scales back in R150m Cons Murch deal
Village Main Reef said it would sell its Consolidated Murchison gold and antimony mine for R150m as it sought to become an investment house.
All-male board clouds Glencore name change
Shareholders have voted to change the group name to Glencore, but the Swiss resources firm is criticised for its failure to appoint any women to its board.
Exxaro raises R1bn in bond issues
Exxaro Resources successfully raised R480m and R520m in two bond issuances in an effort to diversify its funding base.
Rustenburg sale may cure years of ‘self-harm’
SPECULATION Sibanye Gold may buy platinum shafts or sections in Rustenburg
owned by Anglo American Platinum not only represents a potential new
chapter in the rise of the gold counter, but gives credence to the proposed
turnaround of Amplats parent, Anglo American.
Can private equity reboot the mining sector?
ROUGHLY $8bn to $10bn has been raised by newly founded private equity
companies, many of them started by former resources bankers or mining executives,
Master Drilling welcomes mechanisation talk
Master Drilings says strike activity in South Africa is obviously unhelpful but it may have some positive spinoffs if it results in mechanisation.