Harmony’s in race against time as suns sets over SA gold
HARMONY Gold CEO, Peter Steenkamp, has done better than many believed possible since he took over the troubled gold group in January 2016 with...
Harmony to book hefty R5.3bn impairment on ageing SA mines
REDUCED life of mine plans and uninspiring business conditions in South Africa are behind R5.3bn in impairments due to be booked by Harmony Gold...
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...