Afrimat returns to construction materials roots with $6m Lafarge deal
AFRIMAT returned to its industrial roots announcing today an agreement to buy cement maker Lafarge South Africa for $6m.
Lafarge, which is currently owned by...
Anglo signs cooperation with China’s Jiangxi to improve provenance
ANGLO American and China's Jiangxi Copper Company today agreed to cooperate on improving the way copper is mined, processed and marketed.
Anglo said a memorandum...
Afrimat deal will add ‘little bit of diversification”, says CEO
AFRIMAT was working on a transaction aimed at "strengthening the business with a little bit of diversification added to it", said the firm's CEO...
Lack of governance on Transnet board “disturbs” top SA asset manager
ONE of South Africa's biggest institutional investors in the bond market FutureGrowth expressed its concern at poor governance at Transnet, the struggling state-owned rail...
Glencore to sell Viterra stake for $4.1bn after agribusiness agrees merger...
GLENCORE said today Viterra would merge with US firm Bunge Ltd, a transaction that would see Glencore receive $4.1bn for its 49.99% stake in...
Merafe announces plans to list on A2X
FERROCHROME producer Merafe Resources said today it would list its shares on the A2X from June 21 as a secondary listing.
The company, which is...
Glencore bid for Teck’s coal business invites more questions than answers
GLENCORE confirmed it had submitted a bid for the coking coal business of Teck Resources while saying it had not abandoned an earlier proposal...
Transnet union says collaboration with Minerals Council is a private sector...
THE South African Transport and Allied Workers Union (Satawu) has criticised Minerals Council efforts to improve the performance of Transnet, the government-owned rail and...
DMRE says it was not consulted by Transnet’s surprise junior mining...
THE Department of Mineral Resources & Energy (DMRE) was not consulted by a surprise announcement by Transnet CEO Portia Derby last year sketching out...
DMRE to appoint minerals cadastre provider in July
THE South African government said it would appoint a service provider to install a mining licence cadastre by July.
The junior and exploration resources sector...