Markets

Grindrod’s harbour expansion is steaming ahead

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PORTS, logistics and rail specialist Grindrod has been gaining more steam in recent weeks. Just before the end of April the share touched a five-year high...

Ebola in Congo prompts global health emergency

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THE World Health Organisation has declared a public health emergency of international concern after an Ebola outbreak in eastern Democratic Republic of Congo spread...

Congo seeks deals with miners to curb illegal mining

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THE Democratic Republic of Congo is seeking partnerships with mining companies to formalise artisanal digging on their concessions, Bloomberg News reported on Thursday. Citing Entreprise...

Transnet signs rail deals in major boost for network reform

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TRANSNET said on Wednesday it had secured an additional 24 million tons of freight capacity on the South African rail network after signing agreements...

BHP’s incoming CEO open to “value-accretive” deals

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BHP'S incoming CEO Brandon Craig has signalled that acquisitions will remain part of the mining giant's growth strategy, with copper firmly in focus, said...

Froneman on crime: “Don’t be soft, let’s call it treason”

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PUTTING people on special leave is no way to root out crime and corruption, says Neal Froneman, the no-nonsense hard man of South African...

Motsepe says SA mining regains edge through public partnerships

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SOUTH Africa has recovered its competitiveness as a mining destination through collaboration between government and the private sector, said Bloomberg News citing the comments...

Sibanye-Stillwater raises $500m in bond offering

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SIBANYE-Stillwater has secured $500m (R8.2bn) in a senior notes offering that was more than five times oversubscribed, said Business Day in an article on...

US and South Africa open minerals investment talks

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THE US and South Africa have begun preliminary discussions on potential resource deals spanning mining, investment and infrastructure, said the Financial Times on Friday. The...

Macquarie commodities chief out-earns group CEO

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THE head of Macquarie Group's commodities and trading arm was paid more than the company's CEO last year after profits at his division surged...