Agarwal makes paltry profit on Anglo adventure, but market cheers Vedanta...
ANIL Agarwal made a 6% profit from his £3.5bn investment in Anglo American, said Reuters adding that the return was paltry given that the...
Kore Potash to consider 20% reduction in Kola capital cost following...
KORE Potash said it was reviewing a proposal that could see it reduce the capital cost of its Kola project in the Republic of...
SA High Court sanctions R5bn trust aimed at compensating silicosis sufferers
FORMER mineworkers claiming to have contracted silicosis are a step closer to receiving financial compensation after the Johannesburg High Court approved a R5bn settlement...
Eskom to challenge 9.4% Nersa tariff award in High Court as...
ESKOM, the South African power utility, plans to challenge a tariff structure apportioned to it by the country's energy regulator in court, said Bloomberg...
Firestone Diamonds wins waivers from ABSA related to $82.4m debt
FIRESTONE Diamonds has been granted a waiver for certain of its debt-related covenants as it heads into a new financial year that was expected...
Cash flush platinum miners still have their reasons for striking a...
THE Association of Mineworkers & Construction Union's (AMCU's) expectations of a new wage deal for its platinum miners significantly over inflation will be high...
Demand initiatives crucial as platinum inventory unlikely to be removed in...
THERE'S an increasingly urgent need to develop new sources of platinum demand partly because elevated palladium and rhodium prices may be contributing to the...
Anil Agarwal ends dalliance with Anglo claiming investment mission accomplished
ANIL Agarwal, executive chairman of Vedanta Resources, is to sell his 19.3% stake in Anglo American bringing to an end more than two years...
Gold market bullish for Harmony, but Wafi-Golpu delay fuels concern about...
HARMONY Gold met full year production guidance but a delay in the permitting of its Wafi-Golpu project in Papua New Guinea exacerbated concerns about...
Anglo’s Cutifani concerned BHP’s greenhouse gas control ambitions don’t “land right”...
ANGLO American CEO, Mark Cutifani, was unconvinced rival firm BHP's greenhouse gas control strategy announced earlier this week correctly made the case for mining...