Cutifani to put Anglo under microscope
Mark Cutifani would spend the first four months as CEO of Anglo American assessing asset mix and competitiveness, according to an internal company interview.
Gold Fields keen to swiftly end Tarkwa strike
Gold Fields' Tarkwa was already the highest margin mine in the group's new look, all the more reason why it can't afford a lengthy dispute with Ghanaian employees.
BHP Billiton to hold Eskom to power deal
Diversified mining group BHP Billiton said it would hold Eskom to a power deal first agreed in the Nineties despite pressure that it be modified.
Lonmin scores Govt points as opts for Magara
Lomin chooses Ben Magara as its new CEO. Not widely known by analysts, Magara has strong government relations as Lonmin seeks political influence over profile.
Sibanye Gold weighs Beatrix uranium option
All options would be considered to keep the fire-hit Beatrix West open including an interation of plans to mine it for its original purpose: uranium.
Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.
Ramaphosa reverses worker dismissals
Cyril Ramaphosa, a shareholder in Shanduka, said negotiation was preferable to mass dismissals as he ordered the re-instatement of sacked Shanduka Coal workers.
Ruinous BHP contract drove Eskom hikes
Volatility in the price of aluminium destabilised Eskom's finances after 2006 and was the real reason for its 2010 tariff hikes, not the coal price as stated by Eskom.
Evraz to sell SA unit for $320m
Russian steelmaker Evraz is to sell its South African unit in the country's largest empowerment deal following R1bn in strike-fuelled losses last year.
Graft contagion besets Zimbabwe mining sector
Zimbabwe remains stricken by allegations of corruption in its mining sector with the EU the latest to heighten the pressure on its government-owned mining company.