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Anglo may opt for scrip dividend

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Anglo American is thought to be considering an interim dividend payment which could save it $1bn in much needed cash.

Exxaro blames 24% fall on volatile market

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Exxaro Resources has seen its share decline 24% this month, a somewhat surprising show of weakness considering its year-end figures.

TFR’s Gama to cover for ‘seconded’ Molefe

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Siyabonga Gama, Transnet Freight Rail boss, is made acting CEO of Transnet while incumbent, Brian Molefe, works in "secondment" at Eskom.

Mwana makes progress on nickel, gold costs

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Mwana Africa said it had reined-in costs at its gold and nickel operations in Zimbabwe amid persistently difficult revenue conditions.

SA parliament mum on MPRDA limbo

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A third of the year has passed and yet the Mineral Resources & Petroleum Development Amendment bill has yet to be revisited by anyone in parliament.

Africa’s mining codes too fluid for comfort

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Mark Bristow, CEO of Randgold Resources, said the continent's mining codes often overlooked lessons from history.

NEMA to give firms impetus, say attorneys

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The mining charter audit showed miners also failed sustainability targets, but attorneys think that the newly promulgated NEMA can help the sector.

NUM weighs mass action against charter ‘travesty’

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The National Union of Mineworkers said it may protest against the declaratory order judging certain outcomes of the mining charter.

Mugabe says indigenisation is ‘generous’

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Zimbabwe president, Robert Mugabe, said in a state visit to South Africa the 49% allowed to foreign miners in terms of his indigenisation policy was "generous".

Mining charter ‘silent’ on crucial ownership issue

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Attorneys acknowledged the sense of taking the ownership dispute in the mining charter to court, but they said it was hard to call which way it would go.