Govt., AMCU outrage misses Implats desire to reallocate growth capital
IT was as if Impala Platinum CEO, Nico Muller, had a nose for the brewing storm when he told journalists at the announcement of...
Zambia’s Equinox described by Barrick chairman as world’s worst deal
BARRICK executive chairman, John Thornton, described the firm's 2011 purchase of Equinox Minerals, a company that contains the Lumwana copper mine in Zambia, as...
Randgold Resources maintains 2018 guidance despite interim shortfalls
Randgold Resources has kept its full year-guidance on production and costs intact despite revealing some slippage in the six months to end-June with gold...
Glencore may extend share buy-back beyond $1bn in Q4
GLENCORE raised the prospect it could extend a share buy-back programme beyond the targeted $1bn as there weren't any promising merger and acquisition (M&A)...
B2Gold records quantum H1 earnings lift as Fekola impact felt
TORONTO-listed B2Gold posted net income of $70m for the first half of its 2018 financial year - a significant increase over the $15m it...
Glasenberg plays straight bat to DoJ as Glencore posts “light” interim...
GLENCORE CEO, Ivan Glasenberg, played the straightest of bats to concerns the US Department of Justice (DoJ) will investigate the company saying in comments...
Sun coming out on Petra Diamonds again after two years of...
THE approach of some investment analysts regarding the UK-listed company, Petra Diamonds, - which mines most of its diamonds in South Africa – is to...
Mathunjwa breaks silence with threat to hobble Implats with strike
AFTER nearly a week keeping its counsel, the Association of Mineworkers & Construction Union (AMCU) has threatened Impala Platinum (Implats) with industrial action should...
“We’ve been through business hell and back”: Mike Jones, PTM
AS far as brutal self-assessments are concerned, Mike Jones' acknowledgement of his company’s short-comings is as honest and as raw as they come.
Jones is...
Govt. must heed lesson of Implats restructure as Charter talks toil
AFTER years resisting restructuring its cash-hungry Rustenburg shafts, Impala Platinum (Implats), under the guidance of CEO, Nico Muller, has resolved there's no time like...