Home News Page 532

News

Amplats shuts PGM facilities a second time after detecting fresh leak...

0
ANGLO American Platinum (Amplats) has shut its Anglo Converter Plant (ACP) in Rustenburg only a week after repairing a leak at one of the...

Perseus consolidates position in Côte d’Ivoire with A$60m swoop on neighbour...

0
MERGER and acquisition activity in Africa’s gold mining sector took another step forward today after Perseus Mining offered about A$60m in shares for Exore,...

Eskom in “advanced talks” with seven coal companies to renegotiate over...

0
SOUTH African power utility, Eskom, was in “advanced talks” with seven coal suppliers regarding negotiation of supply contracts which were “inflated above market price”. Andre...

Glencore’s Hayward re-appointed despite criticism from shareholder advisory on environment

0
RECOMMENDATIONS by shareholder advisory Pirc to consider voting Glencore chairman, Tony Hayward, off the board went unheeded today. Just less than 4% of shareholders voting...

Global miners see opportunities for M&A as consequence of necessity in...

0
THE prospect of merger and acquisition activity in the world's mining sector was undimmed by the COVID-19 pandemic, said the Financial Times. Citing data from...

UK’s largest private pension turns back on coal (as well as...

0
THE coal industry took another blow this week after the UK's largest private pension manager said it would sell investments in the sector and...

Kumba, Exxaro, ARM vulnerable as iron ore price may correct despite...

0
ASSORE may have brought the curtain down on 70 years of trading on the JSE last month, but there’s still much on offer in...

Looking past COVID-19 disruption, the party is just getting started for...

0
ONE of the redemptive features the last major global economic crisis bequeathed the mining sector - probably dating as far back as 2009 -...

KCM to buy electricity directly from Zesco after power deal with...

0
KONKOLA Copper Mines (KCM), the company in which Vedanta has an 80% stake, will source power directly from Zambia's state-owned utility, Zesco, after negotiations...

Danakali, AFC agree to extension of second phase equity investment in...

0
SYDNEY- and London-listed potash development company, Danakali, and Africa Finance Corporation (AFC) have agreed to extend the deadline to November 21 for the second...