Home News Page 534

News

AMSA prepares to restructure potentially affecting 2,000 jobs as SA steel...

0
ARCELORMITTAL South Africa (AMSA) is to restructure the organisation after failing to contain the effects of high input and commodity costs which could affect...

Barrick claims high-grading behind Acacia Q2 rebound ahead of valuation meeting

0
BARRICK Gold would meet with Acacia Mining and SRK, the consulting engineering firm, to discuss a report valuing the UK-listed miner at 40% above...

Sibanye’s Froneman sees logic of AngloGold’s Mponeng, but firm is not...

0
SIBANYE-Stillwater had "an open mind" about its gold business in South Africa saying that it would participate in evaluating the potential purchase of AngloGold...

Dushnisky sets sights on shaping AngloGold Ashanti for a new gold...

0
"FULL disclosure: I initially had some sleepless nights about what I had bought in to.” So Kelvin Dushnisky, a lawyer-turned-gold miner, veteran of some...

Acacia takeover saga rolls on as Barrick requests more time to...

0
BARRICK Gold has requested the UK’s Panel on Takeovers and Mergers for a further extension of 10-days to July 19 in order to absorb...

Sibanye-Stillwater’s Froneman vows group will keep pace with the EV revolution

0
Neal Froneman, CEO of Sibanye-Stillwater, has fought off a five-month strike, added R3bn to the balance sheet, restructured the gold division and concluded a...

DRC’s artisanal miners to turn attention to copper after cobalt price...

0
ARTISANAL mining in the Democratic Republic of Congo (DRC), which supplies a significant portion of the country's base metals output, will turn its attention...

Cashed up PGM producers in good fettle ahead of wage negotiation...

0
A COMBINATION of metal inventories and cash generated off improved rand-denominated platinum group metal (PGM) prices would help South Africa's PGM producers survive potential...

Tharisa poised for “strong finish” as chases down 1.4m tons chrome...

0
THARISA CEO, Phoevos Pouroulis, said his company was poised for "a strong finish" to the 2019 financial year, which closes on September 30, after...

Mathunjwa risks losing AMCU amid questions of identity and direction

0
THE Association of Mineworkers and Construction Union (AMCU) seems to have reached a plateau after its five-month strike in Sibanye-Stillwater’s gold mines effectively accomplished...