Home News Markets Page 56

Markets

TFR’s performance continues to deteriorate despite mining industry collaboration

0
THE performance of Transnet Freight Rail (TFR) has deteriorated this year despite efforts by the mining industry to nail down efficiency improvements. The Minerals Council...

Glencore keeps mum on land claim in South Africa

0
GLENCORE said in its sustainability report published this week that it was defending a land claim in South Africa. But it declined to provide...

Council dismay after Fraser Institute again consigns SA mining to lower...

0
SOUTH Africa's Minerals Council expressed dismay after the country's mining sector was for the second year running placed among the least 10 attractive mining...

Moti company African Chrome Fields identified in Zimbabwe Govt. fraud allegations

0
THE Moti Group, which owns platinum assets in South Africa and a lithium deposit in Zimbabwe, has been implicated in allegations of fraud involving...

Busting Transnet’s ‘ghost trains’: do SA’s miners have a chance of...

0
WEIGHING in at 31 tons, a single coal wagon is deadweight hardware. Consider that wagon, loaded to its 16t capacity and multiplied by 200...

Sibanye-Stillwater says illegal mining out of control as SA’s social distress...

0
RECORDED incidents of illegal mining on the premises of Sibanye-Stillwater's South African operations nearly doubled in 2022, the precious metals miner said. Citing Sibanye-Stillwater's annual...

ARM appoints Philip Tobias as new CEO bringing to end Schmidt’s...

0
AFRICAN Rainbow Minerals (ARM), the black-owned diversified mining business founded by the organisation's executive chair Patrice Motsepe has appointed ARM chief operating officer Philip...

Glencore weighs hostile takeover bid after Teck pulls the plug on...

0
Glencore has won the first round in its battle to take over Canadian mining major Teck Resources and what could well  be coming next...

Glencore sidesteps the Teck board and appeals directly to shareholders for...

0
GLENCORE has appealed to Teck “Class B” shareholders offering to deal directly with them regarding its merger proposal for the Canadian mining group after...

Teck spurns second takeover approach from Glencore amid growing opposition to...

0
THE board of major Canadian mining firm Teck Resources has unanimously rejected the revised takeover offer from Glencore stating on April 13 that “it...