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...
Panaf’s Loots delivers mining rebuttal to his sceptics
PAN African Resources CEO, Cobus Loots, delivered the perfect riposte to those critics who doubted an accountant could run a gold mining company.
Scepticism about...
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,...