AngloGold sanctions $500m spend to reopen Ghana’s Obuasi
ANGLOGOLD Ashanti is to spend up to $500m reopening its Ghana mine Obuasi which will eventually ramp up to 450,000 ounces/year, effectively replacing the...
Ramaphosa personally intervened in Charter court postponement
SOUTH Africa's Chamber of Mines chose to postpone the High Court review of the Mining Charter because it wanted to negotiate with the Department...
Amplats pays R900m dividend as five-year strategy bears fruit
ANGLO American Platinum (Amplats) placed the cherry atop its painful five-year restructuring strategy by paying a R900m dividend - equal to R3.49/share - a...
Acacia exploring “expressions of interest from Chinese”
ACACIA Mining, the gold firm in which Barrick Gold has a 64.9% stake, on Friday confirmed media speculation it was considering a sale of...
Mining Charter review postponed after Ramaphosa makes good on SONA promise
IN a development that surely represents the death knell of mines minister, Mosebenzi Zwane's political career, South African president, Cyril Ramaphosa, has agreed with...
Ramaphosa promises to intensify Mining Charter talks
SOUTH African president, Cyril Ramaphosa, today pledged to intensify engagement on South Africa's Mining Charter "... to ensure that it is truly and effectively...
NUM joins calls for Zwane’s head after DMR dismisses official
THE National Union of Mineworkers (NUM) has called upon newly appointed South African president, Cyril Ramaphosa, to dismiss his mines minister, Mosebenzi Zwane, after...
Zwane’s Mining Charter to face critical legal test next week
SOUTH Africa's High Court starts three-day deliberations on the so-called 'Minister's Charter' on Monday (February 19), the third iteration of the 2004 Mining Charter...
Is this the “year of redemption” for the world’s largest miners?
THE sight of mining companies promising never to commit recent sins again – mostly of over-extending their balance sheets by chasing market share over...
Hopes high for dividend surprises when Anglo, Glencore report
THERE was a chance that both Anglo American and Glencore would treat the market to pleasant dividend surprises when they reported their full-year financial...