Master Drilling conserves cash ahead of ‘expansion drive’
MASTER Drilling passed its interim dividend as it sought to capitalise on investment opportunities in line with its strategy to keep geographically diversified.
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Gupta’s Oakbay sells Optimum Coal export rights for R3.6bn
GUPTA family-controlled Oakbay Investments has sold Optimum Colliery’s coal export allocation through the Richards Bay Coal Terminal (RBCT) to huge private international coal trading...
Petmin to set about funding $250m NAIC in third quarter
PETMIN said it would begin sourcing funding for its $250m pig iron project which is held in its 40%-owned North Atlantic Iron Corporation (NAIC)...
Rio Tinto finally sells Zululand Anthracite
Rio Tinto has finally managed to dispose of the Zululand Anthracite Colliery (ZAC) in Kwa-Zulu Natal which it acquired when the group paid $3.9...
Exxaro’s renewable energy plan left twisting in the wind
MXOLISI Mgojo has overseen a successful first six months as CEO of Exxaro Resources, but the group’s strategic bet on making renewable energy a...
Denham-backed Bisie project “the start of a new tin province”
TIN might not be the most glamorous of metals, but it’s certainly among the most important, especially to the Information Age given its prevalence...
Implats sounds warning on platinum supply crunch
Impala Platinum CEO Terence Goodlace has backed up the prediction made last week by Northam Platinum (Northam) CEO Paul Dunne that the platinum market...
Cadiz and Peter Skeat working on Blyvoor resurrection
Cape Town financial institution Cadiz Corporate Solutions is spearheading the raising of US$70m to start two mining projects – one surface and one underground...
Numbers suggest AngloGold’s future is not in South Africa
THE strategy behind the proposed demerger of AngloGold Ashanti’s South African gold mines was to give special focus to the ageing mines as well...
DRDGold pays out to the hilt
DRDGold CEO Niel Pretorius has delivered on the promise made in February that the dump retreatment company would be an “aggressive” dividend payer with...