Bad day at the office for SA mining shares
AMCU took gold producers a step closer to strike action, iron ore tumbled 10% to play havoc with Kumba and ARM, and Lonmin hit it lowest level in five years.
Kerr unfazed by South32 one-fifth value loss
Graham Kerr, CEO of South32, said disappointed expectations for certain metals were behind the one-fifth climb-down in the company's share price.
Anglo’s Cutifani sees cuts to SA support structure
Anglo American CEO, Mark Cutifani, says inflation in South Africa is high and will inevitably result in more changes to the portfolio and organisational shape.
What’s the bother with SA junior mining?
Exploration and development companies in South Africa have trodden a familiar path from investor scepticism to bankrupty. Why is this, and can it be changed?
Exxaro raises red flag on covenants, dividends
Exxaro Resources said lower income from its 19% stake in Kumba Iron Ore would hurt its ability to meet its debt covenants and pay dividends.
Miner health ‘a baby monster’ needing reform
Legislation that deals with the compensation of ill mineworkers is inadequate and urgently needs reform, South Africa's Parliament has heard.
Eskom tariff hike the ‘tipping point’ for SA mining
South Africa's Chamber of Mines has called on the country's government to mull a traditional recapitalisation as another tariff hike was a tipping point for the sector.
Legal hitch confounds DMR, CoM court bid
A joint court application by the Chamber of Mines and the SA government seeking clarity on BEE deals has been ditched as it didn't meet legal muster.
Mwana board ends week of ruction in simpatico
Mwana Africa's newly constituted board reflected a company at peace with itself following a week in which directors were ousted.
Mpinga falls on sword after Mwana board ouster
Kalaa Mpinga vacates leadership of the company he founded 12 years ago after shareholders owning 5% of firm successfully win support of Chinese investors.