Harmony to generate R4bn cash, but may yet have to tap...
WHILST companies like South32 would appear to have cash to burn, the same couldn’t be said of Harmony Gold which is in a whole...
Pan African passes dividend, but looks to future with SA bolt-ons
PAN African Resources (Pan African) said the disruption of the 2018 financial year, which resulted in it passing the dividend, was firmly behind it...
Eskom blames strikes, IRP for 45-day delay of strategy blueprint
ESKOM blamed industrial action, failure to make key appointments, and the timing of a government energy policy for the delay in finalising its much-awaited...
Petra’s Dippenaar plays down Tanzania risk despite $14m VAT backlog
THE $800,000 Petra Diamonds had received in VAT refunds from the Tanzanian government was the tip of the iceberg as $14m was still outstanding,...
South32 forecast to generate $3bn in free cash flow from 2020
SOUTH32 has established itself in the global diversified mining resources market as a stock high on investor returns and low on risky merger and...
Mantashe guilty of wishful thinking if Govt is to buy distressed...
IMPALA Platinum CEO, Nico Muller, hastened to clarify at a company press meeting on September 13 that when he said unprofitable Rustenburg shafts could...
AngloGold signs 3-year deal with AMCU; NUM talks continue
ANGLOGOLD Ashanti has agreed a new three year wage deal with unions representing about 62% of its South African workforce in which lower category...
Petra’s Dippenaar to step down as firm nears end of growth...
JOHAN Dippenaar is to end his 12 year association with Petra Diamonds after the UK-listed firm announced today it had started the search for...
DMR confirms Mining Charter to be handed to Cabinet next week
SOUTH Africa's Department of Mineral Resources (DMR) confirmed it expected to complete a redraft of the Mining Charter, a Cabinet review on September 19...
Seeing the light? How Eskom can pull itself back from the...
Deeply corrupt, inefficient and over-staffed, Eskom is the canker at the heart of the South African economy. And with the best intentions in the...