Cost cutting reaching limits of “what is possible”: Mackenzie
BHP Billiton CEO, Andrew Mackenzie, said there was limited capacity for the world's mining sector to make further significant in-roads into safe productivity improvements...
AngloGold mystified by Ghana government apathy
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, believes the integrity of the Obuasi orebody in Ghana is intact notwithstanding the prolonged invasion by hundreds of illegal...
Woodyer, founding CEO of Endeavour Mining, to step down
NEIL Woodyer, the founding CEO of Endeavour Mining, is to resign his executive duties at the 550,000 ounce-a-year gold producer, the company said in...
AngloGold’s Venkat confident mining charter will be ‘modified’
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, said he had "high expectations" that discussions with the South African government would result in a modified version of...
Resgen inks R2.1bn contract for Boikarabelo coal venture
RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development firm, edged closer to securing more than $400m in capital funding for its six million...
AMSA Saldanha Works viable, but company still on knife-edge
ARCELORMITTAL South Africa (AMSA) said its Saldanha steelworks was viable following a review of the operation, but added that the sustainability of the company...
AngloGold takes Obuasi social crisis to US arbitration
ANGLOGOLD Ashanti has sought international arbitration in order to save operations at Obuasi following a deterioration in security at the mine, situated in Ghana.
In...
Eskom also responsible for above-inflation coal hikes
A PROPOSAL by the National Energy Regulator of South Africa (Nersa) to benchmark the price of coal Eskom buys from mining companies will add...
Metallon battles against power faults, new currency regime
INCESSANT power outages have stymied Metallon Gold's operations in Zimbabwe after the gold producer saw production fall 15% in the March quarter. Some 4,275...
Randgold facing job of work to meet 1.25m oz target
RANDGOLD Resources would have to record average quarterly production of 320,000 ounces over the next three quarters if it was to meet the bottom...