Rio austerity in check despite $20bn Simandou
Rio Tinto CEO, Sam Walsh, is probably the most austere of the austerity CEOs. So why has he sanctioned a $20bn outlay in Guinea?
O’Flaherty faces fascinating journey at AMSA
THE appointment of Paul O'Flaherty as ArcelorMittal South Africa AMSA CEO has an interesting irony about it since his challenges have their antitheses at Eskom.
Are Anglo, Amplats aligned on labour?
Anglo American's Mark Cutifani and Chris Griffith of Amplats have different mandates, but just how easy would it be for Anglo to sell its platinum unit...?
Impala Pt’s mechanisation option adds up
Implats delivered the astonishing news that it may ditch R11bn worth of project as the sector's labour force radicalises, or it may spend R1bn more and cut jobs.
Platinum firms will hurt long after strike ends
It's not difficult to walk out of a 10 week strike consequence-free which is why South Africa's platinum sector will hurt long after the AMCU ends its protest.
Mining charter may be tested by DRDGold
If the Department of Mineral Resources supports DRDGold's proposed restructuring, it will be a vital victory for sane interpretation of empowerment laws.
Busa, Eskom mull re-opening tariff debate
Among some proactive business ideas, Business Unity of South Africa has the perplexing idea of discussing whether Eskom is appropriately funded.
Strydom not the first to query CCMA role
The expanded role of the CCMA in the platinum wage talks has been questioned before; now, however, the Strydom incident could confuse negotiations further.
Firms that kept it simple did better
Not all of South Africa’s precious metal companies are collapsing in a heap. Those with assets in a single postcode are doing better in the current market.
No surprise Giyani edged out by private equity
It's tough for juniors to compete for acquisitions in the current market with Giyani Gold the latest small cap to feel the cold blast of exclusion.