Eskom gives short shrift to Exxaro’s Arnot proposal
Eskom has rejected an offer from Exxaro Resources to restructure coal mining at Arnot in South Africa's Mpumalanga province saying it would not make...
Exxaro weighs options for Kumba, Tronox as debt leaps
EXXARO Resources is weighing its continued investment in its iron ore and mineral sands investments following another challenging financial year ended December 31 in...
Zwane concedes SA mining needs foreign firms in MPRDA debate
SOUTH African mines minister, Mosebenzi Zwane, said legislation and black economic empowerment (BEE) credentials shouldn’t frighten investors and he guaranteed that the government won’t...
Glencore may consider buying Anglo Cerrejon stake
GLENCORE said it would consider buying Anglo American's stake in Colombian coal business - Cerrejon - despite embarking on its own $5bn asset disposal...
Did Cutifani’s comeback go far enough?
Anglo American CEO, Mark Cutifani, stormed back last month unveiling an amped up restructuring plan ... But does it hit the spot, especially in the current market?
Kerr’s South32 to join hunt for new assets
South32 has joined other mining companies in looking for acquisitions and would consider speciality metals such as lithium and graphite.
South32 amps up $350m cost out programme
South32 would more aggressively cut costs achieving $300m in reductions by the close of its 2016 financial year.
2016 dubbed ‘survival of fittest’ for miners
With nearly two months of 2016 down, it's clear that the remainder of calendar will be a test of survival for the world's mining stocks.
Anglo to quit iron ore, coal in $4bn sale plan
The UK group adds Kumba and its South African coal mines to non-core assets in a $4bn disposal plan aimed at taking net debt down to less than $10bn this year.
ARM buys R650m in shares to refinance BEE
African Rainbow Minerals will use precious cash to protect the financial position of its empowerment partner, ARM BBEE.