Terence Goodlace to leave Implats by December
TERENCE Goodlace has tendered his resignation as CEO of Impala Platinum (Implats), a surprise development that was accepted at a company board meeting today....
Eskom gives short shrift to Exxaro’s Arnot proposal
Eskom has rejected an offer from Exxaro Resources to restructure coal mining at Arnot in South Africa's Mpumalanga province saying it would not make...
Illegal miners in Kimberley may threaten Petra Diamonds’ viability
AN invasion of more than one thousand illegal diamond miners – zama-zamas - in South Africa's Northern Cape town of Kimberley is threatening the...
Numbers suggest AngloGold’s future is not in South Africa
THE strategy behind the proposed demerger of AngloGold Ashanti’s South African gold mines was to give special focus to the ageing mines as well...
AngloGold Labour Court ruling lands blow for fair Section 54s
THE Labour Court (Johannesburg) has delivered a potentially important judgement in favour of mining companies seeking less drastic application of the Mine Health and...
SA to produce 1mt more manganese ore as price leaps
SOUTH African production of manganese ore was about one million tonnes (mt) higher this year after Australia cut supplies amid a sharp decrease in...
Glencore savaged as shorts prey on debt fears
Glencore led the way in a dire day's trade for mining stocks with fears about the cost of servicing debt high on the agenda of investors and speculators.
Sibanye, Implats – a marriage of convenience in SA platinum
GROUND-sharing with Impala Platinum (Implats) has been highlighted as one of the best methods through which Sibanye Gold can extend its footpring in South...
Anglo asset sales readying group for a takeover, says analyst
THE much-vaunted restructuring of Anglo American was preparation for the company’s takeover, said Paul Gait, an analyst for Bernstein.
"No longer does this feel simply...
Sibanye’s Froneman bags R35.7m in share rewards
NEAL Froneman, CEO of Sibanye Gold, has reaped the rewards of a more than 300% improvement in the precious metal firm's share price since...