AMSA, Govt link ‘dysfunctional’: O’Flaherty
Paul O'Flaherty spent much of his early time as ArcelorMittal SA's CEO improving relations with government which he described as 'dysfunctional'.
Aquarius Pt boss critical of platinum silos
Jean Nel, CEO of Aquarius Platinum, said it didn't make sense to operate in silos amid crushing market conditions and called for synergistic deal-making.
DMR, CoM seek out of court charter settlement
The Department of Mineral Resources and the Chamber of Mines of South Africa will discuss contentious interpretation of the mining charter out of the courts.
Eskom slaps Glencore with R2bn penalty
Eskom acting CEO, Brian Molefe, said it would see Glencore in court for payment of R2bn relating to "shoddy performance" from Optimum mine.
Govt approves cut-price TCSA, Exxaro deal
Government approves the bid for Total Coal South Africa, but requires black owned buyer, Exxaro Resources, to attach BEE to the heavily reduced $382m deal.
Anglo switch an emblem of industry in reverse
While Anglo American's UK relocation is just an head office move, it represents how sharply the world's commodity markets, and China, have changed since 1999.
Gold industry in real distress, says Bristow
The gold industry was "in real distress" which made growth by acquisition more interesting, said Mark Bristow, CEO of Randgold Resources.
Platinum sellers “more realistic”, says Froneman
Sibanye Gold CEO, Neal Froneman, said his firm had found sellers of platinum assets more conducive to doing a deal.
Harmony Gold to lose COO, Alwyn Pretorius
The resignation of Alwyn Pretorius comes only weeks after Graham Briggs, CEO of Harmony, said he intended to retire - and raises questions about the firm's future.
Traders find way to kick gold while it’s down
Data last week from China showed gold holdings had risen but there was cause in this to trade negatively on the yellow metal.