Universal Coal to buy Exxaro’s North Block Complex for R172m
EXXARO Resources is to sell its North Block Complex (NBC), a open cast mine in South Africa's Mpumalanga province, to Universal Coal which will...
Exxaro’s Mgojo preps market for aspirational, non-mining deal
EXXARO Resources CEO, Mxolisi Mgojo, took time during the firm's 2018 financial year outlook today preparing the market for a potential joint venture deal in...
Miners to negotiate regulations as DRC’s Kabila unmoved on law
MINING companies operating in the Democratic Republic of Congo (DRC), including Randgold Resources and Glencore, agreed with the government to negotiate the mining regulations...
Exxaro to line up against former CEO in race for Optimum...
EXXARO Resources, the Johannesburg-listed coal producer, is to add its name to suitors interested in buying the Gupta family's Tegeta Resources coal assets, currently...
Swanepoel, Nkosi to throw hat in ring for Tegeta coal assets
BERNARD Swanepoel and Sipho Nkosi are compiling a new black-owned company - the Phakamisa Consortium - which will throw its hat in the ring for the...
Mantashe confident Gupta mines will operate again
SOUTH African mines minister, Gwede Mantashe, said he was hopeful that the mines placed into business rescue proceedings by the Gupta family would be...
Suspicion beneath Africa’s new wave of ‘resource nationalism’
DURING the minerals and metals super-cycle, from about 2002 to 2012, there was an increase in efforts by African host countries to participate more...
Kabila keeps Glasenberg & Co kicking their heels in Congo
JOSEPH Kabila, president of the Democratic Republic of Congo (DRC), left some of the mining industry's most powerful mining executives kicking their heels today...
Anglo’s Cutifani not in favour of increasing Charter equity target
ANGLO American CEO, Mark Cutifani, said he was not in favour of setting higher equity targets in a new Mining Charter as this benefited...
RBPlat’s Phiri “happy to see back” of former mines minister, Zwane
STEVE Phiri, CEO of Royal Bafokeng Platinum (RBPlat), delivered a less than fond farewell to former mines minister, Mosebenzi Zwane, saying at the firm's...