Kenmare takeover talks end after consortium lowered offer
TAKEOVER discussions between Kenmare Resources and a consortium that included its former managing director ended in failure, the parties said on Thursday.
"Following a comprehensive...
Mkhwanazi to leave Anglo as group streamlines executive
ANGLO American said its regional director for Australia and Africa, Themba Mkhwanazi would leave the company following the disposal of group assets in the...
Algeria opens mining to foreign investment
ALGERIA'S parliament approved legislation allowing foreign companies to own up to 80% of mining projects, marking a significant policy shift for the OPEC nation...
SA’s Mantashe: stuck in an endless BEE loop
THERE'S a long-standing view around town that the South African Government gaslights its mining industry with horror legislative proposals as a negotiating technique.
There may...
Mining giants face leadership shake-up amid push for M&A
THE world's biggest mining companies are undergoing an unprecedented leadership overhaul as investor impatience with mergers and acquisitions features as a major reason for...
Govt corrects draft bill freeing mineral explorers from BEE
THE South African government on Tuesday corrected draft amendments to the Minerals and Petroleum Resources Development (MPRD) bill gazetted last month.
The key change was...
Kore Potash shares slip after unveiling $2.2bn funding plan
SHARES in Kore Potash fell as much as 10% on Tuesday after the fertiliser minerals developer detailed a $2.2bn funding package for its Kola...
Omnia declares second special dividend running
SOUTH African chemicals company Omnia Holdings declared a special dividend for the second consecutive year on Monday, as its expanding explosives business helped counteract...
Partnerships will transform Africa’s mining sector
AFRICA'S mining sector stands at a crossroads. With its vast mineral reserves, the continent possesses the resources to power the next phase of development...
A year after unveiling its restructure, Anglo has surprised the market
Voicemail is on the decline globally, 8% lower since 2020, according to US company Vonage. Coca-Cola removed it from its corporate headquarters three years...