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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...

Dunne’s savvy deal lines up Pandora for Northam

I DON'T know what Northam Platinum CEO, Paul Dunne, does over weekends but judging by the deal he’s just done to acquire Eland Platinum...

Nkosi asks whether SA miners “acted honestly” in BEE deals

FORMER CEO of Exxaro Resources, Sipho Nkosi, has questioned whether the South African mining industry has "acted honestly" in its efforts to implement black...

ARM, Vale prepare to sell Lubambe “at the right price” –...

AFRICAN Rainbow Minerals (ARM) posted a 40% decline in headline earnings year-on-year largely owing to continued losses at its $400m Zambian copper mine Lubambe...

Millennials being lied to by synthetic diamond manufacturers

IT appears the under-35 cohort are behind the demand for synthetic diamonds, drawn not only to the disruptive appeal of the tech-produced stones, but...

SA mining charter talks “flawed” and “limited”: Chamber of Mines

DISCUSSIONS regarding a fresh version of South Africa's mining charter were "flawed" and failed to absorb industry concerns, said Roger Baxter, CEO of the...

Harmony mine manager murdered as illegal mining rears head

HARMONY Gold said a full criminal investigation was underway following the murder yesterday of the regional mine manager of its Tshepong and Phakisa mining...

Anglo would consider Kumba’s role in SA mining champion

ANGLO American would consider a proposal to use its 70% stake in Kumba Iron Ore as a founding asset to create "a different type...

Exxaro’s De Klerk to take up ArcelorMittal SA post

WIM de Klerk, described last week by former Exxaro CEO, Sipho Nkosi, as one of South Africa's best financial directors, has been appointed CEO...