Exxaro parlays diversification into coal exports
Bruised by its R5.7bn foray into the Congo's iron ore sector, Exxaro said it would stick to its diversification strategy but placed the emphasis on optimising its coal resources.
Glencore wins plaudits for $1bn buy-back
Glencore CEO, Ivan Glasenberg, also said the group would continue to focus on shareholder returns if it couldn't find attractive acquisition or organic growth.
BHP concedes passing buy-back “a sore point”
BHP Billiton acknowledged that passing on plans to buy-back shares left some shareholders sore especially as they may be handed shares in a Newco they can't keep.
Gold Fields sells Peru’s Chucapaca for $81m
Gold Fields continued to exit greenfields gold projects saying it had sold its Peru venture to joint venture partner, Buenaventura.
Harmony shuts Target 3 to stem cash bleed
Harmony Gold laid into more gold production putting Target 3 on care and maintenance but keeping its full-year output guidance at 1.2 million ounces.
BHP unveils $10bn big bang demerger
Graham Kerr, nominated as CEO of BHP's Newco, says the yet-to-be approved demerger does not represent divestment from Africa.
RBPlat lauded for ‘enviable’ labour relations
It knows that failing to deal with its labour will imperil its future because its single operating asset is a crucial part of supporting a mountain of expansionary capex.
All eyes on BHP as ‘spinco’ awaited
The demerger of BHP Billiton's non-core assets may include many of the original Billiton assets that formed the foundation of the current mining group.
Northam plans bold 6-year doubling in output
Paul Dunne, Northam Platinum CEO, took a fresh broom to the platinum producer offering prospects of organic and acquisitional production growth.
Bokoni key for Amplats BEE, says Atlatsa
Atlatsa Resources said its joint venture partner in Bokoni Mines, Amplats, had acknowledged the asset it wants to quit is a cornerstone in its BEE strategy