Home News Markets Page 186

Markets

Fortunes may change for Anglo American

0
Platinum woes aside, the market is recognising Anglo American CEO Cynthia Carroll’s efforts to get some of the company’s monkeys off its back.

Num explains its nationalisation stance

0
The National Union of Mineworkers has reiterated its support for the nationalisation of mines, but says such a policy should be informed by the country’s developmental needs.

Extent of concessions in Mining Charter due for public release next...

0
THE Mining Charter adopted by South Africa's Cabinet on September 19 makes important concessions to the country's mining sector, but the fine details - which...

Vavi hits out at Zuma’s nephew

0
Cosatu head Zwelinzima Vavi has severely criticised President Jacob Zuma's nephew Khulubuse Zuma, co-owner of Aurora Mines, for donating election money to the ANC instead of paying his workers.

Minerals Council delivers sobering warning on COVID-19 saying ‘business as usual’...

0
IT would not be 'business as usual' when the South African mining sector emerged from the COVID-19 lockdown, said the Minerals Council South Africa. Declining...

Nagle stands behind Glencore coal strategy with fuel set to drive...

0
GLENCORE boss Gary Nagle was unmoved by suggestions the group ought to spin off its coal assets saying cash generated from the mines would...

Glencore agrees to pay $180m in penalties to DRC related to...

0
GLENCORE is to pay $180m to the Democratic Republic of Congo (DRC) for corrupt practices in which it engaged between 2007 and 2018 in...

Zambia debt crisis could provide election hopeful Hichilema his best chance...

0
MOUNTING debt that Zambian president Edgar Lunga incurred in order to meet on previous election promises could prove his undoing, said Bloomberg News. A week...

Draft tax amendments disturb narrative SA Govt. will lend kindly ear...

0
SOUTH AFRICAN mining has recently suggested there’s grounds for hope Government will respond positively to reform proposals placed before it by Business Leadership SA's...

South32 forecast low-end of output guidance for SA coal, reinstates $1.43bn...

0
SOUTH32 forecast thermal coal production from its South African assets at the lower-end of its previously guided 10.5 to 12.5 million tons (Mt) for...