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SA business welcomes Phillips as Transnet CEO

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SOUTH Africa's business community welcomed the appointment of Michelle Phillips as Transnet CEO saying it would help maintain momentum as the ports and rail...

Anglo’s Wanblad cautious about pace of change at Transnet

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ANGLO American CEO Duncan Wanblad welcomed recent steps by the South African government to introduce private sector participation in the country's rail network, but...

Saudi PGM smelter proposal may test SA Govt’s loyalties

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PLATINUM Group Metals, a Canadian company better known by its Toronto trading code, PTM, has submitted a proposal to the government that will force...

Elliott Management to invest in mineral assets worth $1bn

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ACTIVIST investor Elliott Management is setting up a company that aims to buy undervalued mining assets worth $1bn, according to an updated report by...

Anglo’s Wanblad says “nothing off the table” in portfolio review

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ANGLO American CEO Duncan Wanblad on Thursday unveiled a "systematic" review of the group's portfolio in which he promised "further actions" aimed at unwinding...

Madagascan president’s ex-aide convicted of offering mining licence for bribes

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MADAGASCAN President Andry Rajoelina's ex-chief of staff was convicted in a London court on Tuesday of offering to help precious stone miner Gemfields win...

Transnet to name new executive appointments by month-end

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TRANSNET was expected to finalise the appointment of a new permanent CEO and someone to head its largest division, Transnet Freight Rail by the...

Glencore skips top-up dividend as focus falls on coal demerger

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GLENCORE will skip the 'top up' dividend this year telling shareholders its focus was on concluding the previously announced $6.93bn cash takeover of Elk...

SA mining fears Govt’s new cadastre is no quick fix

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IN January, South Africa’s department of mineral resources & energy (DMRE) finally unveiled its preferred technology provider for a new minerals cadastre. The cadastre,...

Anglo facing ‘uphill battle on the trust front’, says bank

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ANGLO American had an uphill task in winning back the trust of investors, according to analysts at Bank of America. Commenting in a report on...