Glencore unveils new chairman after Tony Hayward announces retirement end-July
GLENCORE chairman since its 2011 UK listing, Tony Hayward, is to retire from the mining group's board at the end of July, it was...
Rio Tinto shuts RBM, declares force majeure on contracts as security...
RIO Tinto has stopped production at its 74%-owned Richards Bay Minerals (RBM) and declared force majeure on customer contracts owing to the deteriorating security...
Bank warns mining’s cash surplus, bumper returns as good as it...
MINING majors such as Anglo American, Glencore, and BHP are set to report record earnings but bumper dividends they pay may be a case...
Sibanye-Stillwater accredited to dispense Covid-19 vaccines as third wave tears through...
SIBANYE-Stillwater said it hoped to immunise up to 330,000 people drawn from its employee complement, employee families, and "door step" communities against Covid-19 after...
BHP to double exploration spend as ups search for base metals
BHP would double its exploration spending for base metals within five years, the group's chief technical officer, Laura Tyler told Reuters.
Tyler acknowledged the group...
ChromeSA fails to win ear of Competition Commission in controversial export...
SOUTH Africa's chrome ore industry has failed in its attempt to win an exemption from the Competition Commission that would have enabled it to...
China’s efforts to stem commodity price gains in question as boom...
COMMODITY prices may have eased in the past month but it's questionable the extent to which China's efforts - which include releasing minerals from...
Should mining firms buy back shares when a global supply deficit...
TO buy back shares or pay shareholders in cash dividends? That’s one of the happy brain teasers with which companies perenially wrestle. It is, though,...
Lifting self generation threshold to 100MW shows SA Govt is “up...
A SURPRISE decision to increase the threshold for unlicenced embedded power in South Africa to 100MW from 10MW demonstrated the country's government was "up for...
Sandvik predicts migration to electric underground mining vehicles in 10 years
CAPITAL equipment manufacturer, Sandvik, expected to make more electric underground mining units than diesel-powered in about 10 years, said Reuters citing the firm's mining...