CoM interdicts “egregious” Mining Charter in scathing assessment
THE Chamber of Mines of South Africa said it had applied for an urgent interdict to stop the implementation of the Mining Charter which...
Exxaro may sell Eskom-dedicated Matla coal mine in asset review
Exxaro Resources is to sell its Arnot coal mine as well as North Block Complex (NBC), both situated in Mpumalanga province, in terms of...
Anglo expected to resume dividend payments at half-year
RATINGS agency, Moody's, recent comment that South Africa's Mining Charter redraft is likely to be credit negative for companies such as Anglo American -...
Exxaro to start coal mine restructure in Q4, advances BEE deal
EXXARO Resources said its coal mines registered a solid performance in the first half of its financial year lifting production 4.7%, but it would...
Glencore pumps up the jam as battle for C&A intensifies
Glencore added another $100m to its offer for Rio Tinto's Australian coal assets, Coal & Allied (C&A) and said it would forfeit the premium...
Charter roadshow off to chaotic start as Zwane flees imbizo
THE Chamber of Mines responded with dismay to reported comments by mines minister, Mosebenzi Zwane, that South Africa's mining industry was negotiating in bad...
Oakbay listing hanging by thread as JSE considers suspension
THE Gupta family company, Oakbay Resources and Energy (Oakbay), said it was "considering its options" following notice from the Johannesburg Stock Exchange (JSE) that...
Will BHP and others pay for ditching progressive dividends?
ONE of the observations regarding the investor activism being encountered by BHP – the mining firm that reaffirmed its Australian roots by dropping the...
Zwane to “take the Charter to the people” as miners absorb...
SOUTH African mines minister, Mosebenzi Zwane, is to embark on provincial roadshows in the next two weeks in order to "take the Charter...
Gemfields takeover battle shifts to make-or-break vote on June 26
AN independent committee formed by Gemfields has thrown down the gauntlet to Pallinghurst Resources by saying the Johannesburg-listed company may not win sufficient shareholder...