Maria Ramos appointed chairwoman of AngloGold Ashanti after Pityana quits
MARIA Ramos has been appointed chairwoman of AngloGold Ashanti, said Bloomberg News citing a statement from the Johannesburg-headquartered gold company.
She replaces Sipho Pityana who...
Brenda Berlin springs surprise by stepping down as acting CEO of...
BRENDA Berlin has resigned as acting CEO of MC Mining, the London- and Johannesburg-listed coal development firm.
Berlin gave no reason for her departure, which...
AfriTin reaches first phase tin concentrate capacity at Uis mine
AFRITIN, the UK-listed tin miner, said it had reached first stage full production at its Uis pilot plant in Namibia.
The operation produced 63.9 tons...
Amplats upgrades refined PGM output to 2.7m oz after early ramp...
ANGLO American Platinum (Amplats) today upgraded its refined platinum group metal (PGM) production for 2020 to between 2.6 million to 2.7 million ounces after...
Implats to buy back up to half of R3.25bn convertible bond...
IMPALA Platinum, South Africa’s third-largest source of platinum group metals (PGMs), will buy back up to half of a R3.25bn convertible bond maturing in...
Platinum resurgent as Chinese consumers choose it over expensive gold jewellery
THE surge in the price of platinum - which posted its biggest monthly gain in November since 2008 - has been put down to renewed...
Glencore names Gary Nagle its new CEO as Ivan Glasenberg announces...
GARY Nagle, the current head of Glencore's coal business, has been named as the new CEO of the Swiss-headquartered group. He was previously business leader...
Kumba lowers 2020 output guidance in further evidence of iron ore...
KUMBA Iron Ore would produce about 37 million tons (Mt) of iron ore in its 2020 financial year which closes end-December, the company said...
Copper surges to seven-year high as evidence grows supply can’t match...
THE copper price registered its highest level in more than seven years amid growing concerns mining firms will struggle to match demand, said Bloomberg...
Wescoal’s Demana sticking to expansion plans despite looming liquidity crunch
WESCOAL CEO, Reginald Demana, is holding on to to his strategic expansion ambitions despite the group’s cash-strapped position which has forced it to restructure...