Zwane DG appointment pulls rug from under CoM, again
SOUTH Africa's Department of Mineral Resources (DMR) gave further evidence it was increasingly taking a unilateral approach to regulating the industry as it unveiled...
Exxaro rediscovers winning feeling as full-year earnings soar
HIGHER coal prices brought the beat back into Exxaro Resources' earnings in the 2016 financial year in which it will report attributable share earnings...
Resgen targets April for Eskom deal, to raise R550m with TFR
RESOURCE Generation (Resgen) has put a new deadline of mid-2017 for the $400m required to complete funding of Boikarabelo, a six million tonne a...
Amplats sacrifices leverage to platinum for more process margin
ONE of the interesting elements of Anglo American Platinum’s (Amplats’) divestments of non-core assets is how it has been able to dispense with the...
Glencore to retain 50% share of Mototolo with Amplats
GLENCORE has all but exited the platinum industry following the unbundling of its Lonmin stake to shareholders in 2015, and the sale of Eland...
RBPlat bounces back to profit but BRPM shaft “under review”
ROYAL Bafokeng Platinum (RBPlat) bounced back into profit owing to an improvement in the rand basket price of its platinum group metals (PGMs), but...
Chamber of Mines may challenge March gazette of mining charter
SOUTH Africa's Chamber of Mines will turn to the courts again should the Department of Mineral Resources (DMR) record the current draft of the...
Dunne’s savvy deal lines up Pandora for Northam
I DON'T know what Northam Platinum CEO, Paul Dunne, does over weekends but judging by the deal he’s just done to acquire Eland Platinum...
Vedanta’s Anil Agarwal says SA’s ‘agony’ can be overcome
THERE is the brief prospect of travelling in the Rolls to the Mount Nelson hotel in Cape Town’s Gardens district, but I’m shepherded instead...
Northam picks up Eland from Glencore for R175m in cash
NORTHAM Platinum is to buy the Eland Platinum mine from Glencore for R175m in cash, an operation that once formed the vanguard of Xstrata's...