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.
Bindura smelter fit for PGMs, says Mwana
Mwana Africa said the $26m reopening of the company's Bindura base metals smelter in Zimbabwe could be used to treat platinum group metal concentrate.
Anglo to seek ‘opportunistic’ asset sales
Anglo American CEO, Mark Cutifani, said that the group's year-long asset review was complete, that it would make more sales, and that it wasn't exiting Samancor.