South32 unveils $1.3bn all cash bid for zinc firm, Arizona Mining
SOUTH32 today unveiled a $1.3bn all-cash swoop on Arizona Mining, a US-based zinc development firm in which the Johannesburg- and Perth-listed group had previously...
Does mining’s ‘dirty, unsafe’ reputation harm valuations?
GENERALLY speaking, mining stocks trade at a discount to the market, even the powerful ones that rank highly on the Johannesburg Stock Exchange such...
NUM tables opening wage demand of 37% for gold miners
SOUTH Africa's National Union of Mineworkers (NUM) has submitted its first gold industry wage demand calling for a 37% hike over two years, said...
Zimbabwe’s handsome talk is still just talk in want of action
THE chit-chat around the water cooler at a recent conference about Zimbabwe mining – called the Harare Indaba – was on the sceptical side.
Involving...
Kore Potash opens door on new kind of strategic commodity
FOOD security is an increasingly interesting prospect for investors. According to Ian Harebottle, CEO of Kropz, farmers are expected to produce more food over...
SA miners see wriggle room after Zimbabwe regime change
MARK Cutifani, CEO of Anglo American, described Chris Griffith, his counterpart at the 80%-owned listed subsidiary, Anglo American Platinum, as "keen as mustard" to...
ARM declares maiden interim dividend on metal prices fly
AFRICAN Rainbow Minerals (ARM) followed its stellar performance in the year ended June 2017 - when it trebled earnings and doubled its dividend to...
Exxaro’s Mgojo preps market for aspirational, non-mining deal
EXXARO Resources CEO, Mxolisi Mgojo, took time during the firm's 2018 financial year outlook today preparing the market for a potential joint venture deal in...
Mantashe confident Gupta mines will operate again
SOUTH African mines minister, Gwede Mantashe, said he was hopeful that the mines placed into business rescue proceedings by the Gupta family would be...
Anglo’s Cutifani not in favour of increasing Charter equity target
ANGLO American CEO, Mark Cutifani, said he was not in favour of setting higher equity targets in a new Mining Charter as this benefited...