Transnet CEO relaxed despite qualified accounts and looming suspension
Siyabonga Gama, CEO of rail parastatal Transnet, was his usual affable self as he addressed media on Monday about the group’s impressive performance in...
Venkat leaves AngloGold Ashanti satisfied that Obuasi is on track
Resolving the issues between AngloGold Ashanti and the Ghanaian government over the Obuasi mine was a critical development before Srinivasan “Venkat” Venkatakrishnan stepped down...
Harmony’s in race against time as suns sets over SA gold
HARMONY Gold CEO, Peter Steenkamp, has done better than many believed possible since he took over the troubled gold group in January 2016 with...
Does South Deep crisis close our eyes to the good in...
THE enigma concerning Gold Fields is this: how come a group with roots going back a century in deep-level gold mining in South Africa...
Harmony to book hefty R5.3bn impairment on ageing SA mines
REDUCED life of mine plans and uninspiring business conditions in South Africa are behind R5.3bn in impairments due to be booked by Harmony Gold...
Zambia Revenue Authority raids Gemfields’ Kagem facilities
GEMFIELDS, the Johannesburg-listed precious stones mining and marketing company, said the premises of its Zambian subsidiary, Kagem Mining, were raided by the southern African...
Gold Fields confirms Ghana pressure for local minerals purchases
THE latest twist of the African resource nationalisation screw may be coming from Ghana where the government intends enforcing the purchase of up to...
Gold Fields’ Holland concedes South Deep at last chance saloon
THE fate of Gold Fields’ embattled South Deep mine could be decided in the next six months judging by comments made by CEO, Nick...
Exxaro resets shareholder rewards easing capital allocation fears
CONCERNS about the strategic direction of Exxaro Resources aired at its annual financial figures presentation in February were driven by fears it would allocate...
Exxaro rings in good news with dividend lift, R1.8bn Matla deal
EXXARO Resources was "days away" from finalising an agreement with Eskom which would see the South African power utility fund R1.8bn for the renewal...