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SA Govt. issues summons to former Eskom CEO, Zwane & Guptas...

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FORMER South African mines minister, Mosebenzi Zwane, is one of a group of 12 against which Eskom and the Government's Special Investing Unit (SIU)...

SA Govt’s renewable energy strategy is finally starting to get some...

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   South Africa’s previously successful renewable energy independent power programme (REIPP) fell on its face about five years ago, when government halted Round 4 bids...

Gold closing in again on $2,000/oz, bull case scenario puts metal...

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THE gold price closed in again on $2,000 per ounce as macro-economic conditions continued to favour the metal. Spot gold rose as much as 0.6%...

Peotona joint founder, Thandi Orleyn, appointed chairman-designate of Impala Platinum

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IMPALA Platinum (Implats) has appointed Thandi Orleyn, a lawyer and industry entrepreneur, as its chairman-designate following the resignation of current chairman, Mandla Gantsho, which...

What now for AngloGold, a company with the rug pulled from...

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THE resignation of Kelvin Dushnisky, CEO of AngloGold Ashanti until September, is a surprise by any measure. For an executive to quit after only two...

Glencore marketing thrives in Covid-19 volatility but lift in net debt...

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GLENCORE'S marketing division thrived during Covid-19 volatility, but the cost of servicing its carry trades resulted in an increase in net debt - a...

Kelvin Dushnisky resigns from AngloGold, Ramon appointed interim CEO

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KELVIN Dushnisky, CEO of AngloGold Ashanti, has resigned from the South African gold producer in a shock development barely two years into the job. No...

GEM Diamonds halves net debt as of end-June owing to Covid-19...

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GEM Diamonds nearly halved net debt as of end-June as a result of cash preservation and deferment efforts and after fetching a higher average...

Kinross mine Tasiast emerges from June quarter in good shape despite...

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KINROSS Gold's Tasiast mine in Mauritania emerged from the June quarter in relatively good shape despite interruptions caused by a 17-day strike and the Covid-19...

De Beers addresses staff on restructuring as Covid-19 accelerates modernisation push

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PLANS to restructure De Beers are afoot with the diamond producer's CEO, Bruce Cleaver due to address employees today regarding the proposals. "Bruce and team are...