Appian to build $400m copper mine in Namibia
PRIVATE equity investor Appian Capital Advisory said on Thursday it is planning to build a $400m copper mine in Namibia.
The UK-headquartered firm said the...
Transnet signs rail deals in major boost for network reform
TRANSNET said on Wednesday it had secured an additional 24 million tons of freight capacity on the South African rail network after signing agreements...
NextSource approves anode battery plant in Abu Dhabi
NEXTSOURCE Materials, a graphite development firm in Madagascar, is to press on with the development of downstream processing facilities in Abu Dhabi.
The Toronto-listed firm...
Froneman on crime: “Don’t be soft, let’s call it treason”
PUTTING people on special leave is no way to root out crime and corruption, says Neal Froneman, the no-nonsense hard man of South African...
Copper 360 announces restructure to focus on Rietberg mine
COPPER 360 is to cut jobs at its Northern Cape province operations as part of a "repositioning" aimed at putting the company on course...
Barrick launches $3bn buyback ahead of spin-off
BARRICK Mining said it planned to repurchase $3bn of its shares in an effort to reward shareholders ahead of the proposed spin-off of its...
Stewart aims to keep it simple at Sibanye-Stillwater
SIBANYE-Stillwater shares are down almost 10% year to date, which is quite a disconnect considering its latest quarterly results, in which the platinum group...
AngloGold unveils $2bn buyback as registers record cash flow
ANGLOGOLD Ashanti on Friday unveiled plans for a $2bn share buy-back following another quarter of record free cash flow.
Announcing its first quarter numbers, the...
US and South Africa open minerals investment talks
THE US and South Africa have begun preliminary discussions on potential resource deals spanning mining, investment and infrastructure, said the Financial Times on Friday.
The...
Macquarie commodities chief out-earns group CEO
THE head of Macquarie Group's commodities and trading arm was paid more than the company's CEO last year after profits at his division surged...