Glencore marketing thrives in Covid-19 volatility but lift in net debt...
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
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...
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...
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
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...
Anglo posts 75% slide in interim profit as Covid-19 ravaged De...
ANGLO American announced a 28 US cents per share interim dividend maintaining its 40% payout ratio despite registering a 39% decline in underlying earnings before...
RMB boss urges Govt to embrace reform starting with allowing miners...
THE CEO of Rand Merchant Bank (RMB), a South African firm, has urged the country's government to embrace reform and highlighted the ability of...
Prestea deal will make Golden Star “an attractive counter party”, says...
GOLDEN Star would become "an attractive counter party" in the African gold sector after selling its Prestea gold mine in Ghana, said CEO Andrew...
Rio Tinto turns spotlight on long ignored Simandou as investment case...
RIO Tinto CEO, Jean-Sebastien Jacques, reiterated his group's interest in seeing how it could participate in the development of Simandou, an iron ore deposit which...
Anglo adieu to Johannesburg’s Main Street helps leave “difficult legacies” behind
SO Anglo is bidding adieu to its Main Street offices in central Johannesburg for a more 'burby' vibe among the jacarandas and street cafes...