Home News Markets Page 74

Markets

Anglo CEO Mark Cutifani takes bow as group posts record numbers...

0
ANGLO American took the total payout to shareholders to $6.2bn for its 2021 financial year ended December after it sweetened the final $1.18 per...

Commodity bonanza helps SA finance minister Enoch Godongwana to cut debt

0
SOUTH Africa's finance minister Enoch Godongwana used higher-than-expected revenue generated largely from commodity exports to cut debt and reduce corporate taxes. Presenting the country's annual...

Nagle stands behind Glencore coal strategy with fuel set to drive...

0
GLENCORE boss Gary Nagle was unmoved by suggestions the group ought to spin off its coal assets saying cash generated from the mines would...

Glencore sets aside $1.5bn in penalty provision as anti-graft investigations near...

0
GLENCORE has set aside $1.5bn in provisions related to penalties it believes may be imposed by anti-graft authorities which are currently running investigations into...

Former coal boss Sipho Nkosi appointed by SA’s Ramaphosa to cut...

0
FORMER Exxaro Resources CEO, Sipho Nkosi has been appointed to South Africa's Presidency where he will lead an initiative to cut government redtape aimed...

Glencore SA’s ferrochrome assets end on high in 2021 but coal...

0
FERROCHROME production from Glencore's South African assets totalled 1.49 million tons (Mt) in 2021 registering a 43% or 439,000 ton improvement following Covid interruptions...

Commodity prices may be high for decades, says BlackRock’s Hambro

0
INVESTORS were not yet fully aware of the importance of mining companies to global decarbonisation which may see commodity prices remain high for decades,...

Titanium market ‘buoyant’ with price momentum set to continue says Kenmare’s...

0
KENMARE Resources said the outlook for titanium minerals and zircon was "buoyant" as the pricing momentum of 2021 had continued into the first quarter. Demand...

SA mining sector calls for urgent prosecution of state capture perpetrators

0
SOUTH Africa's mining sector called for the urgent prosecution of those identified in a report made public on Tuesday by the Commission of Inquiry into...

Four JSE mining firms that took major bets in preparation for...

0
AMONG the mining companies that lined up to bid for Atlantic Nickel, a company that owns the Santa Rita mine in Brazil’s Bahia state,...