Master Drilling buoyant on high risk-reward Africa prospects
MASTER Drilling cracked it in the year to end-December and normally cautious and conservative CEO Danie Pretorius is actually sounding a bit more optimistic...
Kenmare Resources not for sale, says outgoing MD Carvill
KENMARE Resources said there were no plans to sell the company despite calls by a shareholder last month for it to consider strategic options.
Outgoing...
Sibanye-Stillwater hauled to court by disgruntled supplier – report
SIBANYE-Stillwater is embroiled in a legal dispute with a prospective supplier who claims in an article by Business Times today that it was excluded...
Kenmare MD announces plans to step down in August
KENMARE Resources' founding MD Michael Carvill is to step down from the company in August ending neary 40 years with the mineral sands miner.
"As...
Anglo ‘review’ raises familiar themes as it looks to regain trust
THE reason investors buy shares in diversified mining companies is to lower the risk presented by volatile and cyclical commodity markets. That approach, however,...
Froneman dismisses rights issue risk for Sibanye-Stillwater
NEAL Froneman, CEO of Sibanye-Stillwater said a rights offer to shore up the group's under pressure balance sheet was a last resort.
"This preception is...
SA business welcomes Phillips as Transnet CEO
SOUTH Africa's business community welcomed the appointment of Michelle Phillips as Transnet CEO saying it would help maintain momentum as the ports and rail...
Anglo’s Wanblad cautious about pace of change at Transnet
ANGLO American CEO Duncan Wanblad welcomed recent steps by the South African government to introduce private sector participation in the country's rail network, but...
Saudi PGM smelter proposal may test SA Govt’s loyalties
PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force...
Elliott Management to invest in mineral assets worth $1bn
ACTIVIST investor Elliott Management is setting up a company that aims to buy undervalued mining assets worth $1bn, according to an updated report by...