Time to call an end to the commodity price slump
IT’S time to revisit the investment clock, the diagram reproduced by Investec Securities which shows how the mining market was nearing 4pm - that...
Gold Fields raises curtain on ‘evolution’ with R11.3bn capex
GOLD Fields has set down an ambitious capital plan - and put enormous store in both the future of the gold price and the...
South32 doubts Anglo will deal on Samancor after prices soar
THE likelihood of South32 buying Anglo American's 40% stake in the Samancor Joint Venture, a manganese ore and chrome facility in South Africa's Northern...
Gold Fields to spend R2.3bn as targets 500koz/y for South Deep
THE latest iteration in getting Gold Fields' South Deep mine operating to its potential has been unveiled by the firm following a 12-month review...
Amplats unlikely to sell Bokoni before 2018 – Griffith
ANGLO American Platinum (Amplats) did not anticipate closing all its non-core asset sales until the 2018 financial year when it hoped to divest of...
DRDGold’s Pretorius calls for patience after rollercoaster ride
DRDGOLD was famously dubbed 'The Roodepoort Rocket' by former CEO, Mark Wellesley-Wood. but perhaps 'The Roodepoort Rollercoaster' would have been a better moniker.
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Amplats to sell Union, MASA Chrome to Siyanda for R400m
ANGLO American Platinum (Amplats) took the sale of non-core assets to no less than R6.3bn in 18 months after agreeing to part with its...
Acacia wins plaudits after it doubles cash, dividend
SHARES in Acacia Mining, the Tanzanian gold miner listed in the UK, jumped 8% today following the release of excellent results for the year...
John Parker to vacate Anglo American chair this year
JOHN Parker, the UK industrialist who fired Anglo American CEO, Cynthia Carroll, replacing her with Australian, Mark Cutifani, is to step down from the...
Rescue of DiamondCorp’s Lace mine hangs in balance
BUSINESS Rescue Proceedings (BRP) aimed at saving DiamondCorp's Lace mine were in danger of failure after a number of agreements required to implement the...