Sibanye opens talks with Resgen as IPP ambitions loom large
SIBANYE Gold has trained its sights on Resource Generation (Resgen), a Sydney- and Johannesburg-listed coal development company, as it seeks a partner to realise...
Exxaro’s De Klerk to take up ArcelorMittal SA post
WIM de Klerk, described last week by former Exxaro CEO, Sipho Nkosi, as one of South Africa's best financial directors, has been appointed CEO...
CoAL puzzled as Rio Tinto presses for Chapudi breach
DAVID Brown, CEO of Coal of Africa (CoAL), said he "didn't understand the logic" of Rio Tinto's claim that his company was in breach...
Sibanye’s Froneman bags R35.7m in share rewards
NEAL Froneman, CEO of Sibanye Gold, has reaped the rewards of a more than 300% improvement in the precious metal firm's share price since...
AngloGold’s Venkatakrishnan dampens dividend talk
AS a former director in the reorganisation services of auditing firm, Deloitte & Touche, it seems quite natural that Srinivasan Venkatakrishnan should be the...
Anglo, AngloGold in R464m out of court silicosis deal
ANGLO American South Africa (AASA) and AngloGold Ashanti have agreed to pay at least R464m in compensation to miners who allegedly contracted silicosis, a...
Guessing the time as world’s mining clock ticks on
THERE have been many ways of quantifying the damage inflicted by over-supply and falling demand in the commodity sector over the past three years,...
Eskom gives short shrift to Exxaro’s Arnot proposal
Eskom has rejected an offer from Exxaro Resources to restructure coal mining at Arnot in South Africa's Mpumalanga province saying it would not make...
Exxaro weighs options for Kumba, Tronox as debt leaps
EXXARO Resources is weighing its continued investment in its iron ore and mineral sands investments following another challenging financial year ended December 31 in...
Zwane concedes SA mining needs foreign firms in MPRDA debate
SOUTH African mines minister, Mosebenzi Zwane, said legislation and black economic empowerment (BEE) credentials shouldn’t frighten investors and he guaranteed that the government won’t...