Selling SA gold mines is strategy of last resort
Splitting South African gold companies from their 'local' assets doesn't remove the problems they face, nor does it recognise their inherent value.
Job cuts, mechanisation lurk in 2013
History will repeat itself in 2013 when employers take a long, hard look at costs and decide less staff is the only means of survival.
Glencore Xstrata tipped to thrive after Davis
The depatures of Mick Davis and Sir John Bond notwithstanding, the logic of the Glencore Xstrata combination is expected to excite the world's mining industry.
Anglo may sell amid Minas Rio haemorrhage
Analysts fear Anglo American may never recoup the $14bn investment it expects to spend on its Brazilian iron ore project, Minas Rio.
Lonmin deal is rational (if price is right)
Glueing together Xstrata's platinum mines with those of Lonmin could make sense, and
form a new consolidator in the industry. But the price has to be right.
Lonmin’s public rebuff of Davis raises stakes
All eyes on Mick Davis as Lonmin blows the lid on Xstrata's boss' attemps to make right on his worst investment.
Cutifani stays at AngloGold ahead of ‘pivotal’ year
Mark Cutifani, AngloGold CEO, believes 2013 will become a pivotal year for the firm’s
South African mines, the shape of which partially turn on highly charged and much-
changed wage negotiations.
Cutifani named as possible Carroll replacement
In assessing possible candidates for the top job at Anglo American, it’s the name of
AngloGold Ashanti’s Mark Cutifani that keeps cropping up.
Lonmin wage deal starts to register
Restructuring at Lonmin is a consequence of its wage deal, a short-term palliative
that only delayed some difficult challenges for the company.
Death bell tolls for NUM in platinum belt
The National Union of Mineworkers has to admit it has let its members down.