Anglo’s Cutifani supportive of Kumba diversification plan
AN interesting aspect of Kumba Iron Ore’s full-year results presentation last month was its so-called 'step-out plan' – a strategy in which it would consider...
SA coal entrant Seriti interested in buying Gupta mine, Optimum
SERITI Resources, the black-owned consortium that today concluded the R2.3bn purchase of thermal coal mines from Anglo American, said it would be interested in...
Implats lowers full-year target as Lease Area losses loom large
IMPALA Platinum (Implats) hauled in its full-year production number by up to 100,000 ounces - about 6% of the production target set down at...
Eskom confirms R20bn funding on day S&P downgrades utility
ESKOM had sufficient liquidity to continue resolving its governance crisis, and to implement its funding plans for the current 2018 financial year following completion...
Mantashe to complete Mining Charter talks in three months
SOUTH Africa's newly appointed mines minister, ex-unionist Gwede Mantashe, said negotiations on a new Mining Charter with the Chamber of Mines would be completed...
Eskom should re-assess procurement to secure coal: Kerr
THE proposed sale by South32 of its South African Energy Coal (SAEC) division means the loss of a second large balance sheet by South...
SA miners in white knuckle ride as Cyril Spring fires-up rand
IT'S hard for South African miners to catch a break.
Having spent years being penalised for the anti-investment administration of former president, Jacob Zuma, they...
Former NUM boss Mantashe appointed SA mines minister
SOUTH Africa's mining sector will have a familiar figure for mines minister in the person of Gwede Mantashe following the widely expected cabinet reshuffle...
Lucara to build marketing arm as Lamb steps down as CEO
LUCARA Diamond Corporation (Lucara), the Botswana-based miner, today unveiled ambitious plans to add a marketing arm to its mining business following the purchase of...
Panaf may save jobs despite NUM 1,722 Evander job loss claim
PAN African Resources (Panaf) played down a statement issued by the National Union of Mineworkers (NUM) on Sunday that it was preparing to retrench...