Home News Page 831

News

Harmony seriously at risk to a long strike

0
Harmony CEO Graham Briggs says his group is seriously at risk from a long strike given its financial situation and dependence on South African operations.

AngloGold hangs tough on wage negotiations

0
AngloGold CEO Srinivasan Venkatakrishnan has made it clear his group is in a strong position if it comes to a strike because of its foreign operations.

AngloGold ready for further gold price drops

0
Gold could fall below $1,000/oz but the weakness would be short-lived according to AngloGold CEO Srinivasan Venkatakrishnan

AMSA, Govt link ‘dysfunctional’: O’Flaherty

0
Paul O'Flaherty spent much of his early time as ArcelorMittal SA's CEO improving relations with government which he described as 'dysfunctional'.

Atlatsa angst mounts as misses filing date

0
Atlatsa failed to file its interims owing to uncertainty about its financial condition - just weeks after Anglo CEO Mark Cutifani said BEE should be allowed to fail.

DMR, CoM seek out of court charter settlement

0
The Department of Mineral Resources and the Chamber of Mines of South Africa will discuss contentious interpretation of the mining charter out of the courts.

Aquarius Pt boss critical of platinum silos

0
Jean Nel, CEO of Aquarius Platinum, said it didn't make sense to operate in silos amid crushing market conditions and called for synergistic deal-making.

Eskom slaps Glencore with R2bn penalty

0
Eskom acting CEO, Brian Molefe, said it would see Glencore in court for payment of R2bn relating to "shoddy performance" from Optimum mine.

Govt approves cut-price TCSA, Exxaro deal

0
Government approves the bid for Total Coal South Africa, but requires black owned buyer, Exxaro Resources, to attach BEE to the heavily reduced $382m deal.

Anglo switch an emblem of industry in reverse

0
While Anglo American's UK relocation is just an head office move, it represents how sharply the world's commodity markets, and China, have changed since 1999.