AMSA hikes steel price 11% as it haemorrhages R300m/month
ARCELORMITTAL South Africa (AMSA) announced steel price increases of up to 11% - more than double inflation - in an effort to keep its...
High Court to mull Scholes’ plan to nuke mining charter
MEDIATION between South Africa's Department of Mineral Resources (DMR) and the country's Chamber of Mines (CoM) may be the quickest route to settling differences...
Glasenberg detects flickers in market after chastening year
IVAN Glasenberg, CEO of Glencore, made the interesting admission in question time following the group’s full-year results presentation that perhaps the Swiss-based group was...
Slippage in R6bn Makhado funding “not a catastrophe”
Coal of Africa (Coal of Africa) CEO, David Brown, said a slippage in the development of its R6bn Makhado project owing to funding difficulties...
Amara Mining would resist higher takeover offer
AMARA Mining would be unlikely to recommend to shareholders a higher offer for the company because its proposed merger with Australian firm, Perseus Mining,...
ARM ponders copper, platinum cuts; investment in Kumba
AFRICAN Rainbow Minerals (ARM) intends carrying out further cutbacks and workforce reductions on its copper and platinum operations as depressed commodity prices dropped the...
Amplats to tell unions that 2016 will be another tough year
ANGLO American Platinum (Amplats) CEO, Chris Griffith, doesn't expect the lengthy disruption of 2014 when his company sits down to wage negotiations with unions...
WCC’s Miller falls on sword amid fresh takeover attempt
FAILURE to sign a takeover agreement with Sibanye Gold cost Waterberg Coal Company (WCC) CEO, Stephen Miller, dear after it was announced today that...
Molefe, Brown consign ‘coal supply cliff’ to history
THE price of coal had dropped to such an extent last year that South African coal producers preferred to sell it locally than export...
‘Nick did the right thing by demerging Gold Fields’ mines’
BY all accounts Neal Froneman, CEO of Sibanye Gold and Gold Fields CEO, Nick Holland get on. They were colleagues once when Holland was...