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Green shoots for SA mining which reverses loss-making trend

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DATA published by the Chamber of Mines of South Africa delivered some much-needed good news for the country's mining sector which last year showed...

Albanese set to leave Vedanta as Agarwal starts executive search

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TOM Albanese, CEO of Vedanta, may relinquish his position at the UK-listed firm on August 31, a development the company said was in line...

Pan African, CoAL discussed joint bid for Keaton Energy

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COAL of Africa (CoAL) and Pan African Resources (Panaf) discussed a joint bid for Keaton Energy in which the two would create a takeover...

Pallinghurst planning “value unlock” as 10-year term rolls up

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PALLINGHURST Resources is exploring "all options available" regarding unlocking "inherent value" of its assets, but this would not extend to an unbundling of any...

Koko cancels coal contract in interests of corrupt-free Eskom

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ESKOM interim CEO, Matshela Koko, described a decision to cancel a coal contract from Just Coal CC to its Tutuka power station as in...

SA political instability a negative for Anglo’s spin-off plans

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POLITICAL instability in South Africa would be "slightly negative" for Anglo American as the restructuring of its local assets might be delayed, but gold...

Mining charter amendments a mystery as March deadline nears

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SOUTH Africa's Chamber of Mines did not have any meetings scheduled with the Department of Mineral Resources (DMR) this week which means it would...

Rockwell suspended amid fight over provisional liquidation order

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TRADING in Rockwell Diamonds' shares has been suspended after a South African court issued an interim liquidation order on March 24 against three of...

Kropz to miss March start-up date for Elandsfontein mine

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WHEN last we left Kropz, a company in which Patrice Motsepe’s African Rainbow Capital has shares, it was targeting March for first production of...

South32 unveils $500m capital return to shareholders

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SOUTH32 today demonstrated the strength of its balance sheet and confidence in its cash generating capability unveiling a stunning $500m capital management programme starting...