SA’s Transnet secures R51bn guarantee from Govt
MINISTERS have greenlit a fresh R51bn guarantee package for embattled state logistics company Transnet, said BusinessLive on Thursday.
Transport Minister Barbara Creecy and Finance Minister...
Rio Tinto CEO Jakob Stausholm to step down this year
RIO Tinto said on Thursday its CEO of four years' standing Jakob Stausholm would step down from the company later this year once a...
MPRDA amendments may open door to new BEE targets
PROPOSED changes to South Africa's minerals legislation may empower the mines minister to create new regulations in the future governing empowerment targets.
Another aspect relating...
SA gazettes MPRDA amendments aimed at industry overhaul
SOUTH Africa's mining industry was combing through the details of amendments to the Minerals & Petroleum Resources Development Act (MPRDA) gazetted by Goverment on...
Kenmare buyout negotiations extended to June 20
KENMARE Resources has been granted an extension for ongoing acquisition talks with potential buyers, pushing the decision deadline to June 20.
The mining company first...
Ethiopia secures $1.7bn in minerals investment
ETHIOPIA has secured investment deals worth more than $1.7bn for its minerals and energy sectors, predominantly with Chinese firms, said Reuters citing the country's...
South32 poaches new CEO from Anglo American
SOUTH32 has appointed Matthew Daley, an Anglo American executive with extensive copper experience, as its new CEO to succeed Graham Kerr, who has led...
Omnia’s BME can benefit from Trump disruption, says CEO
OMNIA Holdings’s international push will most likely define the term of Seelan Gobalsamy, who became CEO of the chemicals, agribusiness and mining explosives company...
Anglo appoints Tom McCulley as new technical director
ANGLO American said Tom McCulley would become its new technical director, following Matt Daley's decision to pursue a senior executive role outside the company.
Daley...
Gemfields to restart Kagem mining as emeralds recover
GEMFIELDS said on Thursday it will restart open pit mining at its Kagem emerald mine in Zambia after pausing production for four months amid...