Glencore’s Nagle ups ante with $6bn M&A warchest as copper deficit...
GLENCORE could spend up to $6bn on mergers and acquisitions and might even break with custom by building a greenfields mine as it chased...
Anglo CEO not planning strategy shifts as focus falls on defining...
ANGLO American CEO, Duncan Wanblad, did not see himself making bold strategic changes to the group's plans which include construction of a large soil...
Transnet proposes switching to diesel trains to avoid disruptions to coal...
SOUTH Africa's state-owned rail and ports utility, Transnet has proposed switching to diesel trains in order to avoid disruptions to coal exports caused by...
Glencore agrees to pay $180m in penalties to DRC related to...
GLENCORE is to pay $180m to the Democratic Republic of Congo (DRC) for corrupt practices in which it engaged between 2007 and 2018 in...
SA output of PGMs to remain under pressure as disruption takes...
RECYCLING of platinum group metals (PGMs) would become increasingly important to the fortunes of the precious metals as primary supply was unlikely to increase,...
RBPlat calls on Government’s PIC to end takeover battle between industry...
A YEAR-long takeover battle for Royal Bafokeng Platinum (RBPlat) between industry rivals Impala Platinum (Implats) and Northam Platinum Holdings was harming the company, said...
Coal rail constraints forced Exxaro Resources to call off sale of...
THE logistical constraints at Transnet Freight Rail (TFR) forced Exxaro Resources to halt its planned sale of its Leeuwpan mine in Mpumalanga, the company...
First Quantum to pay ZCCM-IH in revenue royalty following Zambia tax...
FIRST Quantum Minerals has agreed to convert dividends from its Zambian copper mine Kansanshi to a revenue royalty, the Canadian firm said today.
The agreement...
Seriti ties up SA leg of transformative renewables supply deal with...
PRIVATELY-held energy company Seriti Resources today concluded the acquisition of a 100% stake in Windlab South Africa providing it with access to renewable projects worth...
Exxaro suffers R11bn opportunity cost as year-on-year coal exports decline 32%
TRANSNET Freight Rail (TFR) was on course for export deliveries to Richards Bay Coal Terminal (RBCT) of just over 54 million tons (Mt), said...