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South32 cuts SA aluminium output

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South32 has cut back on aluminium production as well as ferromanganese output as it focusses on improving its financial performance.

Froneman keeps door ajar on future deals

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Sibanye Gold's new business team are juggling three deals worth R9bn, but the firm's CEO, Neal Froneman, hasn't entirely abandoned further corporate activity.

Anglo director backs Glasenberg to bounce back

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Jim Rutherford, non-executive director at Anglo American, believed Glencore's under-fire lead, Ivan Glasenberg, was "a strong character".

Anglo dividend policy questioned, again

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The question of whether Anglo American can or should pay a dividend has resurfaced now the furore over Glencore's debt issues has quietened.

Mathunjwa delivers rebuff to Phakisa

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Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union, said his organisation would not attend government's Operation Phakisa.

Godsell critical of Ramatlhodi, Zwane change

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Former AngloGold CEO, Bobby Godsell, said it was "a very strange time" to have replaced Ngoako Ramatlhodi with the relatively unknown Mosebenzi Zwane.

PwC flags SA miner payout resolve

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Auditing firm, PwC, asked whether dividend payouts could be sustained by South African mining firms could be sustained in the current year.

Zwane picked to stick to ANC script

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Mosebenzi Zwane is more likely to stick to the ANC script than his predecessor in the mines ministry, Ngoako Ramalthodi who was censured for improvising.

Glut of cheap debt giving miners heartburn

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A glut of cheap debt that was made available the world financial crisis is hurting mining firms who gorged on it, analysts say.

Glencore seeks to calm share helter-skelter

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Glencore was unaware of any reasons why its stock soared in Hong Kong amid speculation that the $20bn company was partial to a takeover.