VMR won’t follow ContiCoal rights issue
The clean-out of assets at Village Main Reef continues with the investment firm passing up the chance to invest more funds in Continental Coal.
Pay day for BHP Billiton directors
Directors of BHP Billiton cashed in last week selling shares after the group posted a 23% improvement in earnings but passed up the chance of a share buy-back.
Exxaro parlays diversification into coal exports
Bruised by its R5.7bn foray into the Congo's iron ore sector, Exxaro said it would stick to its diversification strategy but placed the emphasis on optimising its coal resources.
Glencore wins plaudits for $1bn buy-back
Glencore CEO, Ivan Glasenberg, also said the group would continue to focus on shareholder returns if it couldn't find attractive acquisition or organic growth.
BHP concedes passing buy-back “a sore point”
BHP Billiton acknowledged that passing on plans to buy-back shares left some shareholders sore especially as they may be handed shares in a Newco they can't keep.
BHP unveils $10bn big bang demerger
Graham Kerr, nominated as CEO of BHP's Newco, says the yet-to-be approved demerger does not represent divestment from Africa.
All eyes on BHP as ‘spinco’ awaited
The demerger of BHP Billiton's non-core assets may include many of the original Billiton assets that formed the foundation of the current mining group.
Ebola no longer a risk, it’s a threat: Bristow
Mark Bristow, CEO of Randgold Resources, said the latest outbreak of the Ebola virus is a direct threat and should be treated as a global emergency.
Govt calls for safety first at quake-hit mines
The Inspector of Mines has asked mining companies affected by the 5.5 magnitude earthquake to guarantee the safety of underground miners.
SA Govt. readies state-owned miner bill
Attorneys are unsure what the State Owned Mining Company bill may contain, but it will surely strengthen the government's hand in mining affairs.