Lack of governance on Transnet board “disturbs” top SA asset manager
ONE of South Africa's biggest institutional investors in the bond market FutureGrowth expressed its concern at poor governance at Transnet, the struggling state-owned rail...
Johannesburg’s born again miner Blyvoor Gold may seek listing
BLYVOOR Gold, the company that bought the 81-year old Blyvooruitzicht gold mine out of liquidation, is considering listing the company, its executive chairperson said.
"We...
Glencore to sell Viterra stake for $4.1bn after agribusiness agrees merger...
GLENCORE said today Viterra would merge with US firm Bunge Ltd, a transaction that would see Glencore receive $4.1bn for its 49.99% stake in...
Transnet may bring iron ore locos back to service
TRANSNET CEO Portia Derby said the state-owned company was close to signing maintenance contracts that would return locomotives to service deemed critical in supplying...
Merafe announces plans to list on A2X
FERROCHROME producer Merafe Resources said today it would list its shares on the A2X from June 21 as a secondary listing.
The company, which is...
Thungela says dividends “sacrosanct” despite coal price fall, wobbly TFR performance
THUNGELA Resources said dividends were "sacrosanct" amid a deterioration in operating conditions including a decline in the performance of Transnet Freight Rail (TFR) and...
Glencore bid for Teck’s coal business invites more questions than answers
GLENCORE confirmed it had submitted a bid for the coking coal business of Teck Resources while saying it had not abandoned an earlier proposal...
PTM ‘pounding on doors’ for offtake deal ahead of financing $617m...
PLATINUM Group Metals CEO Frank Hallam said the company was "pounding on the doors" of four mining companies in search of a concentrate offtake...
Iron ore exports disrupted after copper cable theft incidents this week,...
IRON ore exports from South Africa's Northern Cape province have been disrupted this week, according to a statement by Transnet Freight Rail (TFR) which gave...
Petra warns of revenue hit after limp diamond market forces cancellation...
PETRA Diamonds today announced it had postponed its sixth tender owing to "a temporary slowdown in the market for rough diamonds" - a development...