“Lucky” Assore churns record profits and doubles its dividend
Assore shares rose 3.8% to reach R274,62 in trading on the JSE today after the release of record results for the year to end-June...
Anglo SA deputy Norman Mbazima calls time on tickbox BEE
TWENTY years ago, in a tightly packed auditorium at Anglo American, the group’s financial results ended in banner fashion. After months of speculation, the...
Sibanye suspends cash dividend as net debt hits R22bn
TOILING under the weight of its $2.2bn takeover of Stillwater Mining earlier this year, Sibanye Gold suspended the cash dividend, electing instead to pay...
Glencore M&A doesn’t mean miners have returned to old ways
DAYS after concluding the recapitalisation of its balance sheet, and reinstalling the dividend, Glencore boss, Ivan Glasenberg, announced a proposal that the Swiss-headquartered company...
South32 wins legal fight with DMR over mining right extension
YET another mining group – this time diversified major South32 - has been forced to haul the Department of Mineral Resources (DMR) into court...
Death of third mineworker confirmed at Harmony’s Kusasalethu mine
A third mineworker trapped underground after a seismic event at Harmony’s Kusasalethu mine near Carletonville on Friday morning has been brought to surface but,...
Northam claims lowest cost position in SA platinum sector
Northam Platinum shares rose more than 4% to around R45.75 in trading on the JSE today after the release of annual results showing a...
The young Turks of SA’s emerging coal sector
ASKED to clarify the pronunciation of his name, Vuslat Bayoglu responded: "Call me Vusi", normally a short version of a common South African name....
Chrome producer Tharisa signs five year Chinese supply deal
Chrome producer Tharisa has struck a five year deal to supply Chinese steel group Tisco (Taiyuan Iron & Steel Group Company) with about 25%...
South 32 shoots the lights out as SA aluminium booms again
South 32 churned free cash flow and profits during the year to end-June as the group benefitted from the global recovery underway in demand...