Defiant Mzimela blames “Chinese retaliation” for TFR failure
A DEFIANT Sizakele Mzimela, CEO of Transnet Freight Rail (TFR), faced the Joburg Indaba mining summit today just hours after announcing her resignation and...
Eskom plans to delay shutdown of coal-fired power stations
ESKOM wants to delay the shutdown of its coalfired power stations to allow the country some "breathing space" while new generational capacity is being...
De Beers suspends online tenders as diamond sales fall to $200m
DE BEERS will suspend online rough diamond sales and plough $20m into marketing gems ahead of the critical year-end buying season.
The Anglo American-controlled firm also...
Siza Mzimela resigns TFR post – report
SIZA Mzimela, CEO of Transnet Freight Rail (TFR) has resigned, according to a report by News24.
The publication said today Mzimela sent out a letter...
Gold Fields ties up A$500m ESG-linked loan in Oz
GOLD Fields said it had agreed a new sustainability-linked syndicated credit facility with Australian lenders which represented the first of its type for the...
Sibanye-Stillwater CEO says no final dividend at spot metal prices
SIBANYE-Stillwater CEO Neal Froneman acknowledged that at spot metal prices the group was unlikely to pay a final dividend in 2023.
He also said the...
“Nowhere to hide at Transnet” as overhaul gains momentum
THERE'S no longer any hiding place at Transnet in the drive to reform the organisation as could be seen from the developments over the...
Anglo’s Mkhwanazi says SA must move on from regulated BEE
BETWEEN 2014 and 2020 alone, South Africa’s mining sector generated some R160bn in transformation initiatives in South Africa, making it one of the greatest...
SA mining profit halves as price declines, infrastructure logjams bite
PROFITS from South African mining companies halved in the 12 months ended September to R108bn, according to a report by News24.
Citing a report by...
How Northam Platinum became SA’s top PGM pick
NORTHAM Platinum ended more than 18 months of high-stakes corporate theatre when it reversed out of a potentially balance sheet-destroying bid for Royal Bafokeng...