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South32 confirms plans to sell SAEC to Seriti, extends share buy-back...

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SOUTH32 confirmed market speculation it had entered into exclusive negotiations with Seriti Resources for the sale of its South African Energy Coal (SAEC) business...

Exxaro pays R6.3bn in dividends as investments stand tall amid export...

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EXXARO Resources passed through income from investments in the six months ended June paying a total of R6.32bn in dividends, including a R3.2bn special...

Seriti in pole position for South32’s SA coal mines, but must...

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SOUTH32 is expected to include a progress report on the proposed sale of its South African Energy Coal (SAEC) business unit in its annual...

Mere flicker in SA economic growth could trigger fresh round of...

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THE underperformance of Eskom’s fleet of coal-fired power stations is currently being concealed by falling demand. Even a 0.1% uptick in GDP growth would...

SA Govt facing new legal challenge questioning “entirety” of Mining Charter

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ATTORNEY Malan Scholes has amended its application to challenge the validity of the Mining Charter in its entirety. The challenge was now being brought...

Assore to post stronger numbers, but R507m Sakura write-down hurts attributable...

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JOHANNESBURG-listed investment company, Assore, said in a trading statement today headline earnings for the 2019 financial year ended June 30 would be 20% to...

Automotive demand to keep palladium in structural deficit this year, says...

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GROWING demand for the automotive sector was likely to keep palladium in a structural deficit this year, said Reuters citing the comments of Norilsk...

Zambia’s Lungu says no meeting planned with KCM or Vedanta despite...

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ZAMBIA continued its cat and mouse game with Vedanta Resources after representatives for Edgar Lungu said last night the Zambian president did not intend...

Analysts optimistic there’s more to come from Anglo American after interim...

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ANGLO American’s remarkable turnaround under CEO, Mark Cutifani, has been rightly applauded. Now, however, there are the inevitable questions as to whether the $800m...

Vedanta anticipates resumption of KCM talks as Zambia president Lungu lands...

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VEDANTA Resources rolled out the proverbial red carpet for Zambia president, Edgar Lungu, and entourage which is on a state visit to India with...