Rockwell signs $7.2m BEE deal, mulls growth
Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.
Mzi Khumalo’s Metallon Gold on comeback trail
Metallon Gold, the company owned by Mzi Khumalo, is planning acquisitions and growth in Zimbabwe despite the difficulties in operating in the country.
Sibanye turns focus to gold consolidation
Neal Froneman, Sibanye Gold CEO, said only regional consolidation among gold producers could make further significant in-roads to industry costs.
Amplats’ Moosa ‘ashamed’ of AMCU strike
Valli Moosa, chairman of Anglo American Platinum, delivered a frank opinion of the platinum sector strike and said the industry had to be entirely modernised.
BEE audit finalised “next year”: Ramatlhodi
South African mines minister, Ngoako Ramatlhodi, said an audit into the mining charter would be ended early next year.
Cutifani warns against MPRDA adjustments
Mark Cutifani, CEO of Anglo American, said development pricing and changing BEE targets would be adding a layer of risk international investors will not accept.
Glencore could find hostile Rio bid a tough ask
Analysts believe Glencore will have to persuade all shareholders to back it in a bid for Rio Tinto as a hostile offer is beyond even the derring-do of Ivan Glasenberg.
Glencore steps back from Rio merger plan
Glencore said that it was not currently pursuing a tie-up with Rio Tinto but confirmed it had made an "informal inquiry" by telephone in July.
Amplats to study bids for Union this month
Anglo American Platinum said it would evaluate bids for Union this month and added that ramp-up in output following AMCU's strike was virtually complete.
White Rivers Exploration plans JSE debut
Privately-owned White Rivers Exploration is to explore for gold in the Beisa reef in the Free State province with Harmony Gold and wants to raise capital in a listing.