Self-inflicted damages worsen metals downturn for Africa
IN Southern Africa, severe drought conditions, a drop in commodity prices, and increasing pressure on the state purse have hit key mining economies. Some...
Vedanta targets expansion of South African footprint
UK-listed diversified mining firm, Vedanta Resources, said it intended to expand its operational base in South Africa building on a decision in 2014 to...
Wheels came off, but Transnet’s Gama sees green shoots
THE year-end results of Transnet, South Africa's state-owned transport and logistics company, provides an alternative snapshot of the health of the national economy; one...
Jimmy Manyi in frame as DMR prepares to unveil DG
SPECULATION has resurfaced that former labour department director-general (D-G), Jimmy Manyi, is due to be unveiled as DG for the mineral resources department (DMR).
An...
Expect a new mining charter in July, say lawyers
THE South African mining sector’s newly negotiated mining charter could be ready for public consumption as early as July. That’s the expectation of Peter...
Transnet rues economy as coal, iron ore volumes falter
TRANSNET, the state-owned logistics, transport and infrastructure business, recorded declines in export volumes of nearly all the commodities it handles including coal which fell...
Anglo leads way down as JSE shudders amid Brexit vote
SHARES in Anglo American shed nearly 13% in the first hour of trade on the Johannesburg Stock Exchange as markets absorbed the surprising news...
Miners fight Govt as Zimbabwean expropriations begin
ON May 30, Kuda Mahobele, acting MD of Zimbabwean chrome producer ZimAlloys, took receipt of an unusual parcel. The contents of the parcel, a...
SA Govt likely to miss year-end MPRDA deadline
THE South African government would struggle to meet a self-imposed year-end deadline for the promulgation of the Minerals & Petroleum Resources Development Amendment Bill...
Kenmare surges as investors rally support for $368m deleverage
SHARES in UK-listed mineral sands producer, Kenmare Resources, surged a fifth as it edged closer to an overhaul of its balance sheet which will...