New Tronox ready for NYSE listing
Exxaro Resources is nailing its colours to the mast to list one of its joint
ventures on the New York Stock Exchange.
BHP Billiton to remain Eskom’s darling
Eskom will continue to allow BHP Billiton to produce aluminium with subsidised
electricity, even if winter conditions make load shedding necessary.
Pallinghurst shows its hand on R800m rights offer
JSE-listed holdings group Pallinghurst Resources has launched its latest R800m
rights offer as the company prepares to extend its reach to copper and coal.
Glasenberg defends steep executive pay
Glencore CEO Ivan Glasenberg has defended steep executive pay packages and
showed support for the CEO of Xstrata, reports Reuters.
Metmar unveils R475m cash and asset investor
Investors who helped put Optimum Coal on the map are to pump R475m into
metals and minerals trader, Metmar.
Aggreko, Shanduka set out IPP gas plans
The UK independent power producer, and Shanduka Group, will provide Eskom
with important power as it seeks to catch up on its maintenance backlog.
Court deals fatal blow to expropriation claims
The state’s right to award mining licences was not expropriation, said the
Supreme Court of Appeal, upholding the legal basis on which the 2004 MPRDA
is written.
Chamber in talks with junior miners
The Chamber of Mines has held the first of a series of meetings with junior
mining companies in order to bring about co-operation between the two
groups.
New MPRDA ‘won’t spring surprises’
Mines Minister Susan Shabangu says the review of the Mineral and Petroleum Resources Act will not seek to introduce any major policy shifts.
Softening in Section 54 onslaught
Government’s mine safety crackdown appears to have been softened since a
task-team comprising the Department of Mineral Resources, unions and
industry met last month.