Cadastre hailed as turning point for minerals exploration
THE major problem holding back development of the junior mining industry in South Africa has been far too much talking and not enough action,...
Top Anglo shareholder backs group’s break-up plan
LEGAL & General Investment Management, one of Anglo American's largest shareholders, has come out in support of the group's break-up plan, according to a...
SA Govt. yet to progress new minerals cadastre
SOUTH Africa's Department of Mineral Resources & Energy (DMRE) is yet to sign a service level agreement with PGM Consortium, its preferred bidder for...
Gold Fields ordered to stop work at section of Salares Norte
GOLD Fields has been ordered to stop work at a section of its $1.2bn Salares Norte mine in Chile until it confirmed the area...
Implats concludes BEE transaction in Bafokeng assets
IMPALA Platinum (Implats) on Monday confirmed the conclusion of a black economic empowerment deal as part of its takeover of Royal Bafokeng Resources (RBPlat)...
Anglo shareholders willing to accept adjusted BHP proposal
A BUMP in price and revised structure will be enough to tip Anglo American shareholders into accepting BHP's takeover proposal, according to a report on...
Glencore says organic growth, buy-backs preferred to M&A
GLENCORE CEO Gary Nagle said this week the Swiss headquartered miner preferred to invest capital in organic growth and share buy-backs rather than M&A.
"If...
Hummingbird to restart production at Guinea mine, Kouroussa
HUMMINGBIRD Resources said its Kouroussa gold mine in Guinea would be ramped up to "commercial production" from the third quarter after the mine's contractor...
Anglo places freeze on new job hires
ANGLO American has suspended hiring globally as it gets plans under way to simplify itself, according to a report by Reuters.
Published in BusinessLive, the...
Wanblad’s new deal leaves Anglo future finely balanced
THREE weeks after rejecting the first of two takeover proposals from BHP, Anglo American has finally played its hand — proposing a restructuring that...