Putting the ‘vroom’ into SA’s manganese riches
MANGANESE was the mineral for which Anglo American CEO Duncan Wanblad had no plan in terms of his proposed and far-reaching group restructure. "It...
Is AngloGold’s Calderon winning the war on sub-par ratings?
A FEATURE of gold’s record-breaking price performance in the past 12 months has been the relatively lacklustre response of the metal’s most prominent miners.
The...
Botswana in talks to increase stake in De Beers
BOTSWANA is in talks to increase its shareholding in De Beers, said Bloomberg News citing the comments of the country's president Mokgweetsi Masisi.
"We are...
Gold pauses as China’s central bank baulks at record prices
THE recent slump in the gold price – down about 2.8% in the last 30 days – may be due to a hiatus in...
Bill Gates’ KoBold may spend $2.3bn building Zambia copper mine
A MINING exploration company in which Bill Gates has a stake could spend $2.3bn building a new major copper mine in Zambia, said Bloomberg...
Thungela brushes off share issue reverse at AGM
THUNGELA Resources brushed off a reverse in its annual general meeting last week in which shareholders voted down its resolution on issuing shares for...
De Beers CEO says firm will be better outside Anglo
DE Beers was already planning to become independent of Anglo American prior to the parent firm's restructuring announcement, said News24.
Citing De Beers CEO Al...
Selling De Beers is high jeopardy for Anglo boss, analysts say
BOTSWANA may seek to increase its stake in De Beers as part of the diamond company's sale by majority shareholder Anglo American.
Reuters cited a...
SSC Group buys controlling stake in Lesedi Drilling
PRIVATELY-held mining engineering company SSC Group has bought a controlling interest in Lesedi Drilling & Mining Contracting Company and its subsidiaries, the company announced...
Sibanye-Stillwater eases pressure with new debt covenants
SIBANYE-Stillwater has won some breathing space for its under pressure balance sheet after agreeing with lenders to raise thresholds over R6.5bn in company debt.
The...