Markets

Froneman to lead refreshed DRA Global’s offshore push

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DRA Global, the privately-held engineering company, has scored a coup announcing on Tuesday it had hired former Sibanye-Stillwater CEO Neal Froneman. Froneman, who left Sibanye-Stillwater...

Political interference threatens mining deals, warns BHP

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GROWING government intervention in critical mineral resources is making mining acquisitions increasingly complex and costly, according to BHP's chief development officer. In an interview with...

London no longer a hub for big mining finance

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LONDON'S centuries-old dominance as the world's premier destination for mining finance is drawing to a close as investors increasingly favour Australia and Canada for...

Mining pay rises outstrip productivity gains

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MINERALS Council South Africa has warned wage increases are outpacing productivity improvements, attributing the disparity to overly strong union influence, according to a report...

Police officer killed during cable theft at Kenmare mine

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A POLICE officer was killed at Kenmare Resources' Moma mine in Mozambique in an event related to the theft of electrical cables, the UK-listed...

Vedanta plans talks on dollar bond sale

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VEDANTA Resources is scheduled to hold discussions with investors today regarding a potential dollar bond issuance designed to refinance expensive private debt, said Bloomberg...

Congo reopens mining talks amid smuggling crisis

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THE Democratic Republic of Congo has reopened negotiations with mining companies as it seeks to recover billions of dollars lost through gold smuggling, the...

High Seas treaty will deal blow to deep sea mining

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A NEWLY ratified treaty protecting marine life is expected to strengthen opposition to deep-sea mining ahead of this week's UN climate summit in New...

Lobito Corridor is huge step thanks to US, China

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OUTSIDE South Africa, billions of dollars are being invested in upgrading and expanding rail networks to facilitate transport of minerals such as copper, cobalt,...

BHP said to be closing in on first female CEO

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GERALDINE Slattery is in line to become the first female CEO in BHP's 140-year history after emerging as the leading candidate to succeed Mike...