Anglo shares plummet as ‘bid premium’ disappears
SHARES in Anglo American fell more than six percent on Monday morning in Johannesburg following a report BHP had backed off from making a...
Glencore could end share torpor with improved dividends
A DECISION in August by Glencore management to retain the group's coal assets raises the possibility of much-improved cash dividends and cash generation, analysts say.
That's...
Fatalities on South African mines fall to record low in 2024
SOUTH Africa's mining industry reported a record low in fatalities in 2024, a performance described by mines minister Gwede Mantashe as registering "significant strides".
Department...
Glencore says remains open to dealmaking
MINER and commodity trader Glencore said it is open to merger and acquisitions that create value for its shareholders.
"As we have always said, M&A...
Rio, Glencore talks signal pressure in securing metal supply
MERGER discussions between Glencore and Rio Tinto which are said to have taken place last year was a sign of how mining companies were...
Congo jails three Chinese citizens in illegal mining crackdown
A COURT in the Democratic Republic of Congo has sentenced three Chinese citizens to seven years in prison after they were arrested in possession...
Cutifani helps form bank amid mining M&A revival
MARK Cutifani, the former CEO of Anglo American, has teamed up with mining banker Omar Davis, formerly of Bank of America to set up...
Mantengu hails Blue Ridge project as corporate finance dream
MINING tailings is lucrative business for those who get the technology right. DRDGold is the established brand in the industry, but rivals such as...
Gemfields hit by shock 15% export duty on Zambian emeralds
ZAMBIA has imposed a shock 15% export duty on precious gemstones adding further pressure on Gemfields which operates the country's Kagem emerald mine.
Sean Gilbertson,...
Exxaro should stick with coal and pay out its cash
EXXARO Resources said last year it will press on with plans to diversify production into "green metals". In the case of the JSE coal...