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.
Davis not the guy Anglo is seeking
Culturally, the man who made Xstrata - while admirable in many respects - is
not the person who will fit the bill at Anglo American. Here’s why.
Rest of Africa laps up investment
Asia is pouring billions of dollars into the rest of Africa, whereas it’s becoming
hard to name a new investment by a foreign company of any significant size in
SA.
SA dealt coup de grace to Anglo’s Carroll
Across many metrics, Cynthia Carroll’s Anglo was as competitive as any of its peer
group, except for South Africa, the itch that couldn’t be scratched.
Eskom’s R284bn coal spend is thin end of wedge
Eskom is paying a decent average price for coal in terms of its proposed tariff
application to Nersa, but is it enough to attract capital into the new mines it needs?
Forbes reshuffle reflects shareholder concerns
Forbes Coal lessened the influence of its own executives on its Board and increased
that of shareholder, Resource Capital Fund.
Promising signs of normality
The theory in the mining industry is that halfway through the second month of a no-
work, no-pay regime, the economic reality of illegal industrial action begins to bite.