“New information” led to Tsengwa suspension, says Exxaro chair
NEW information had emerged regarding Exxaro Resources CEO Nombasa Tsengwa's conduct warranting her suspension despite the board previously exonerating her, the firm's chair Geoffrey...
Hichilema hails prospect of linking Zambia to Lobito Corridor
ZAMBIAN President Hakainde Hichilema hailed plans to connect his country to the US-backed Lobito railway corridor project, saying it would boost the continent's ambitions...
Green shoots for Transnet as coal export deliveries race higher
THERE were more green shoots for Transnet Freight Rail (TFR), South Africa's state-owned ports and rail company following its strongest coal export performance in...
Anglo shares stir as takeover speculation returns
SHARES in Anglo American rose 3.45% in Johannesburg by mid-afternoon on Friday outperforming peers Glencore as well as BHP – the company connected with...
Tharisa to rerate when it solves funding for Zimbabwe project
THARISA has been largely ignored by the market, which is hunting for the best exposure to platinum group metals (PGMs) now that the metal...
Anglo tails are up as restructuring plan gains momentum
THE sale of Anglo American's remaining metallurgical coal assets in Australia came in above expectations and boded well for the group's restructuring plans, analysts...
Military juntas in West Africa fail to quell jihad violence
MILITARY juntas in Mali, Burkina Faso and Niger have failed to bring stability to their countries amid a fresh surge in jihad violence, said...
Ramaphosa urges safe delivery of illegal miners
SOUTH Africa's President Cyril Ramaphosa said on Monday lives should not be put at risk in a standoff between police and hundreds of illegal...
Illegal miners received emergency supplies after court lifts blockade
LOCAL communities have started offering support of emergency supplies to illegal miners trapped in the Buffelsfontein mine, east of Johannesburg.
The miners, possibly numbering in...
Zimbabwe miners propose royalties linked to metal prices
ZIMBABWE'S Chamber of Mines has proposed linking royalty payments to metal prices in order to protect operations during a market downturn.
The propsals, reported by...