Anglo renews bulk carrier contract with SA JV worth $30m/year
ANGLO American said it had renewed ocean freight contracts with Vuka Marine, a joint venture involving a South African firm, which accounts for about...
Steinmetz puts BSG Resources into voluntary administration
THE mining arm of entrepreneur Beny Steinmetz's business interests, BSG Resources (BSGR), has been put into voluntary administration in order to protect its assets...
Eurasian Resources ready to sell DRC Frontier mine
KAZAKH mining company, Eurasian Resources Group, was considering selling its Frontier copper mine in the Democratic Repubilc of Congo (DRC), even though potential changes...
Anglo’s Cutifani describes meeting with Mantashe as “great”
ANGLO American CEO, Mark Cutifani, described a meeting with newly appointed South African mines minister, Gwede Mantashe, this week as "a great meeting", according...
Lobby group aims to interdict Lonmin deal for failing communities
A NON-profit organisation called Mining Forum SA said it would interdict the proposed purchase of Lonmin by Sibanye-Stillwater arguing that the platinum producer had...
Zimbabwe to trash Mugabe’s ‘look east’ policy in favour of west
ZIMBABWE'S ruling party, ZANU-PF, plans to improve its chances at the country's national elections later this year by disposing of former president Robert Mugabe's...
Former Rio boss Albanese calls for SEC charges to be thrown...
FORMER Rio Tinto executives, Tom Albanese, who was the Anglo-Australian group's CEO, and his CFO, Guy Elliott, said civil claims brought by the Securities...
Standard Bank denies opening Gupta firm bank account
ONE of South Africa's largest banks, Standard Bank, contradicted comments by the business rescue practitioner responsible for resuscitating mining properties owned by the Guptas...
De Beers books $555m in diamond sales for second cycle
ANGLO American said diamond sales in the second cycle of its financial year totalled $555m, slightly higher than in the previous financial year when...
Congo’s Kabila to meet with miners over code changes March 6
THE Democratic Republic of Congo president, Joseph Kabila, is to meet with mining companies tomorrow (Tuesday, March 6) regarding proposed changes to the central...