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South32 “strengthens” cash, lifts SA manganese output

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SOUTH32 lifted the prospect of building on its debut dividend last year after the Perth-based firm's CEO, Graham Kerr, said it had "strengthened" its...

Kenmare to top 1 million tonne output, mulls capacity lift

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KENMARE Resources said prospects for its 2017 financial year would be far improved owing to higher production at its Moma mine in Mozambique, as...

Mines minister ignored legal advice in Aquila minerals dispute

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FORMER South African mines minister, Ngoako Ramatlhodi, ignored his own legal team's advice by rejecting an appeal by Aquila Steel aimed at securing its...

DMR suffers devastating defeat in Aquila Steel court battle

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SOUTH Africa's Department of Mineral Resources (DMR) has suffered a devastating defeat in the High Court (Pretoria) which has potentially far-reaching implications for other...

Exxaro shareholders approve R3.5bn BEE repurchase scheme

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SHAREHOLDERS in Exxaro Resources approved the R3.52bn repurchase of shares held in the firm's empowerment company MS333, a development that paves the way for...

Kenmare sees Moma arbitration close with $5m Aveng award

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KENMARE Resources has to pay $5m (R69m) to Aveng following an arbitration tribunal decision which found the South African contracting firm was entitled to...

Six of the best: good news stories that lit up 2016

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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...

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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

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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

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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...