Busa urges mining industry to guard against corruption
AN impassioned plea to not let corruption yet again ruin South Africa’s promising growth prospects was made today by Business Unity South Africa (BUSA)...
Uganda to consolidate mining interests in new state-owned company
UGANDA has targeted strategic partnerships with "young" mineral developers as part of efforts to formalise its mining interests through a newly formed state-owned mining...
PwC says mining industry should keep Mantashe “accountable”
THE South African mining industry should keep Gwede Mantashe "accountable" after the country's mines minister said a new mineral cadastre would be ready next...
Dubai’s IRH to seek mine turnarounds after deal with PIC
SOUTH African asset manager Public Investment Corporation (PIC) has signed an agreement to cooperate with Dubai's International Resources Holding (IRH) aimed at breathing life...
SA mining industry retrenchments ramp up in second quarter
COST cutting in South Africa's platinum group metals (PGMs) sector drove a second quarter reduction of 7,000 jobs in the country's mining sector, said...
Anglo surges 7.7% on JSE but China stimulus may not deliver
MINING shares leapt in Johannesburg following Tuesday's news of China stimulus efforts with Anglo American leading the way.
The UK miner gained 7.68%, while shares...
Zambia’s mineral reforms pose “unprecedented threat”
PROPOSED ownership reforms in Zambia's mining sector posed an "unprecedented threat" to investors' rights, said the country's Chamber of Mines.
The Chamber was commenting in...
Will BHP return for Anglo? Definitely, maybe
WILL BHP take a second shot at Anglo American when the UK’s six-month "put up or shut up" takeover rule lapses? 'Definitely, maybe', to...
Afrimat is a new breed of diversified miner
If there is a fatal flaw in mining companies, it is poorly timed capital allocation at the top of a particular commodity cycle. More...
ARM chases down chrome revenue as PGMs fade
AFRICAN Rainbow Minerals (ARM) is accelerating plans to move into copper and chrome production after a major correction in platinum group metals (PGM) and...