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Mining Yearbook 2017

Cleaver aims to return De Beers to new mine development

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DE BEERS is reviewing its approach to the development of smaller mining projects as the diamond giant considers its future strategy in a situation...

Magara adamant Lonmin can continue to find levers to pull

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BEN Magara hasn't had many opportunities to crack a smile during his two years as Lonmin CEO, but at a recent breakfast meeting he...

Pallinghurst set about restoring Gemfields to profitability

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WHEN Pallinghurst Resources CEO, Arne Frandsen, announced to the market in May that the equity group was moving to buy out its 75%-owned coloured...

Power drain: How Eskom is sliding towards bankruptcy

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The rosy picture that Eskom’s executives painted recently of the power utility’s financial position could create the impression that reports of hardship were exaggerations,...

Swanepoel revelling in comedian with a conscience role

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IN his heyday – when he ran Harmony Gold during its expansion phase before the train smash with Gold Fields – one of the...

Sibanye Bold*

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NEAL Froneman has never been known for reticence. At a time when the mining industry was debt-shy, Sibanye Gold moved in the opposite direction...

Anglo SA deputy Norman Mbazima calls time on tickbox BEE

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TWENTY years ago, in a tightly packed auditorium at Anglo American, the group’s financial results ended in banner fashion. After months of speculation, the...

All eyes on Implats’ Muller as sets about time in charge

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NICO Muller is taking over the reins as CEO at Impala Platinum (Implats) at arguably the worst time in its corporate history, but that...

Glencore M&A doesn’t mean miners have returned to old ways

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DAYS after concluding the recapitalisation of its balance sheet, and reinstalling the dividend, Glencore boss, Ivan Glasenberg, announced a proposal that the Swiss-headquartered company...

Cashed-up South32 not ready to abandon its caution

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"SORRY, this is just our energy efficiency," says Mike Fraser, COO of South32’s Southern Africa assets. He waves his arms and the office lights...