Kenmare to weigh dividends, debt reduction after harrowing 2016
KENMARE Resources, the UK-listed mineral sands operator, is to weigh the resumption of dividend payments in the current financial year following a harrowing 2016...
Master Drilling pays maiden dividend amid global expansion
MASTER Drilling, a mining services company that specialises in raise bore drilling, has approved the payment of a maiden dividend of 30 South African...
Endeavour Mining calls off merger talks with Acacia
ENDEAVOUR Mining has called off its planned merger with Acacia Mining providing little details, but saying it could not derive "adequate value" from initial...
South32 may launch share buy-back as cash tops $1bn
SOUTH32 has been among the most conservative of the diversified mining firms listed on the Johannesburg Stock Exchange, especially in respect of managing its...
Agarwal investment in Anglo handy for PIC ambitions
IT'S hard to believe Anil Agarwal's investment in Anglo American - achieved through the family investment vehicle - is anything other than the prelude...
Agarwal’s £2bn gambit could put Anglo American into play
ANIL Agarwal's £2bn investment in Anglo American shares, giving his trust - Volcan Investments - a 13% stake in the UK-listed firm, was an...
Motsepe will shut mines rather than bow to misled communities
AFRICAN Rainbow Minerals (ARM) chairman, Patrice Motsepe, has sounded a dire warning over the "highly politicized" interaction between the mining sector and the...
Vedanta’s Agarwal stages surprise £2bn swoop on Anglo shares
ANIL Agarwal, chairman of Vedanta, is to buy a £2bn stake in Anglo American which will make him the second largest shareholder in the...
Proposed MPRDA amendment on small mining unconstitutional
ATTORNEYS say a proposal to amend a section of the Minerals & Petroleum Resources Development Act (MPRDA) so that small mining is restricted to...
GEM targets cash flow in 2017 after suspending dividend
GEM Diamonds is to prioritise cash flow generation in the current financial year after a torrid time in 2016 in which it mothballed its...