Transnet targets leap in coal exports despite cash squeeze
TRANSNET has targeted 65 million tons (Mt) in delivered coal exports after another year of rail volume growth, but debt and weak cash generation...
Miners doubt if Transnet’s rail reform is bankable
SOUTH Africa's freight rail reform has moved past the stage of being dismissed as another policy aspiration without a timetable. The Transnet Rail Infrastructure...
Rio Tinto to buy Glencore bauxite project
RIO Tinto has agreed to buy the Aurukun bauxite project in Queensland from Glencore and Mitsubishi Development for an undisclosed sum, Bloomberg reported.
The project...
Motsepe-backed phosphate producer Kropz puts 238 jobs at risk
KROPZ, a phosphate producer majority-owned by Patrice Motsepe’s African Rainbow Capital (ARC), will restructure its Elandsfontein mine in South Africa, putting 238 contractor jobs...
Congo tightens grip on geological data
THE Democratic Republic of Congo plans to tighten state control over geological data used by mining companies, Reuters reported.
The move could give the country...
What resource nationalism means for Africa’s miners
Governments across Africa are seeking to assert greater control over their mineral wealth by rewriting mining codes, demanding larger equity stakes or greater local...
Mining cost inflation eases in July, but energy risks linger
SOUTH African mining input cost inflation slowed in July, but high fuel and other energy-linked costs still weighed on the sector.
The Minerals Council South...
BHP’s Udd to take helm at Albemarle
ALBEMARLE has named BHP executive Ragnar Udd as its next CEO, Reuters reported on Thursday.
Udd, currently BHP’s chief commercial officer, will take over on...
BHP’s commercial chief Udd to depart in January
BHP Group's chief commercial officer, Rag Udd, is to leave the world's biggest miner at the end of January, said Bloomberg News citing LinkedIn...
SFO settles decade-long ENRC fraud probe suit
BRITAIN'S Serious Fraud Office has reached a settlement with Kazakh miner ENRC, closing a lawsuit accusing the agency and law firm Dechert of inflicting...