Home News Markets Page 226

Markets

Shabangu wants a South African to lead Anglo

0
Mineral Resources Minister Susan Shabangu says she hopes a South African will be appointed as successor to Cynthia Carroll at the reins of Anglo American.

Anglo’s Cynthia Carroll quits

0
Cynthia Carroll, CEO of Anglo American since 2007, is to leave the organisation once a successor has been recruited, the group has said.

Anglo seeks new CEO as Carroll goes

0
Anglo American chairman John Parker will start a process to recruit a successor for CEO Cynthina Carroll.

Amplats slashes capex further

0
Anglo American Platinum has further reduced its planned capital expenditure for 2012 and expects unit costs to outstrip most of its margins.

Friedland gets Ivanplats IPO away for $307m

0
Mining entrepreneur Robert Friedland gave crisis-hit South African mining investors something to smile about after listing Ivanplats, a company that has the Platreef project at its heart.

Eskom submits 16%, 5-year tariff increase

0
Eskom seeks hefty increases in electricity tariffs in order to pay for a doubling in electricity capacity but which stops at its R92bn, 4,800MW Kusile power station.

Dark days on the horizon for SA mining

0
A research report by financial services firm JPMorgan Cazenove predicts sporadic strikes in South Africa’s mining industry may carry on for up to a year.

Anglo to discuss Carroll’s future – report

0
The Board of Anglo American will this week discuss demands to replace chief executive Cynhia Carroll, reports Sky News.

Cosatu to “reclaim Rustenburg’

0
Cosatu will next weekend hold a rally in strike affected Rustenburg as it tries to regain the support of workers.

Shabangu tells ANC to drop nationalisation

0
Mining Minister Susan Shabangu has warned the ANC to axe nationalisation once and for all at its Mangaung conference if it wants to save the economy.