Did Cutifani’s comeback go far enough?
Anglo American CEO, Mark Cutifani, stormed back last month unveiling an amped up restructuring plan ... But does it hit the spot, especially in the current market?
Kumba to oppose shock R5.5bn tax hit
Kumba Iron Ore would object to a R5.5bn assessed tax claim in a development that may hinder its unbundling or disposal by Anglo American.
Goodlace links mine deaths to society’s ills
MINING companies will often point out that there are aspects of their businesses that they cannot control, such as market prices; and other factors...
Kerr’s South32 to join hunt for new assets
South32 has joined other mining companies in looking for acquisitions and would consider speciality metals such as lithium and graphite.
South32 amps up $350m cost out programme
South32 would more aggressively cut costs achieving $300m in reductions by the close of its 2016 financial year.
‘Devastating’ loss sends Implats into safety revamp
A fire that cost the lives of four miners is part of a deterioration in safety standards described as "devastating" and which also cost 50,000 oz in production.
Sibanye weighing sub-Saharan gold expansion
Sibanye Gold reported a heavy decline in earnings for 2015 but a surprise 90c per share final dividend hints at confidence for 2016 amid stronger rand revenues.
Anglo neutral on bidders for SA coal mines
Mark Cutifani, CEO of Anglo American, said his group would not pass judgement over whether a bidder for a coal assets was "favoured or not favoured".
Harmony hedges R6.2bn of future gold sales
Harmony has swapped a degree of unpredictable leverage for surety in the form of a rand hedge over a third of its gold production for the next 12 months.
Panaf plans 25% gold output lift at Elikhulu
Pan African Resources said it would produce 50,000 ounces of gold from its Elikhulu surface gold project, currently subject to a definitive feasibility study.