Harmony CEO sniffed out ‘hijacker’
Negotiations between Harmony Gold and junior mining firm Ngwenda Gold led to the discovery that Ngwenda had been hijacked, allegedly by a Canadian citizen.
Back to reality for Petra
After spending some time in the limelight following the acquisition of Finsch, it is back to basics for Petra Diamonds after it posted a lacklustre interim performance.
Another mining company hijacked
A board of directors is seeking court redress after finding out its mining investment company had been hijacked.
BHP sees high iron ore price for two years
BHP Billiton's CEO expects iron ore prices to remain strong for as long as two years, and is confident the company's profit margins will remain robust, even as costs escalate.
India’s Sail eyes SA for 3mt steel plant
Steel Authority of India is planning to build four steel plants, one of which will be in South Africa, for $12bn, according to its chairperson.
Avalloy seeks breakthrough year
Superalloy producer Avalloy says beneficiation and skills development are at the core of its growth strategy.
DMR audits Eskom’s bogus suppliers
The DMR is investigating a number of coal companies which had applied for mining rights under the pretext of supplying the resource to Eskom, but have been exporting it instead.
AEMFC under fire over special treatment
More industry players are raising concerns that state-owned miner AEMFC is receiving preferential treatment from the department of mineral resources.
Anglo ‘paid too much’ for Minas Rio
Cost increases at Minas Rio may indicate that Anglo American CEO Cynthia Carroll has overpaid for the controversial iron ore project.
Anglo doubles profit, announces new JV
UPDATED: Anglo American has almost doubled its operating profit on the back of higher commodity prices as well as improved efficiencies, and will resume paying a final dividend.