Agarwal to lift stake in Anglo after targeting £1.5bn share swoop
ANIL Agarwal, the chairman of Indian firm, Vedanta, is to lift his personal stake in Anglo American by buying between £1.25bn to £1.5bn worth...
Endeavour gives green light to expanded $412m Ity project
ENDEAVOUR Mining has given the green light to its Ity expansion project in Côte d’Ivoire following exploration work and by leveraging skills and synergies...
Exxaro weighing survival as global energy debate rolls on
MXOLISI Mgojo acknowledges the need to put his "own stamp" on Exxaro Resources, the coal, mineral sands, and iron ore company to which he...
Pan African cuts payout after year of production headaches
PAN African Resources (Pan African) cut the final dividend 62% to R185m following a difficult operational year characterised by hindrances and vexations which resulted...
Sibanye seals $450m bond issue in last leg of Stillwater deal
SIBANYE-Stillwater is to issue $450m in convertible bonds on September 26 following a successful book-build which will see the precious metal miner apply the finishing...
Labour tensions rise as SA mining takes job cuts through 23,000
THERE'S been a rise in tensions among South Africa's mining unions, and its labour in general, this month following volatility at the Kimberley mines...
Labour disruption flares up at Petra’s Finsch, Ekapa mines
PRODUCTION at Petra Diamonds' Finsch and Kimberley Ekapa Mining Joint Venture operations in South Africa's Northern Cape province has been interrupted by labour disruptions...
2,500 jobs at risk as Implats begins Rustenburg restructure
AT least 2,500 employees of Impala Platinum's (Implats') Impala Rustenburg may be affected after the firm unveiled the first of possibly several waves of restructuring aimed...
Petra set to struggle to meet covenant with Williamson crocked
SHARES in Petra Diamonds fell 8% during morning trade in London after the company acknowledged that the suspension of its Williamson mine would put...
Rockwell puzzled by liquidation move as sale in the pipeline
ROCKWELL Diamonds said it was puzzled by a decision to return its subsidiaries to provisional liquidation as it had received an offer in excess...