Mining Yearbook

Magara adamant Lonmin can continue to find levers to pull

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BEN Magara hasn't had many opportunities to crack a smile during his two years as Lonmin CEO, but at a recent breakfast meeting he...

Pallinghurst set about restoring Gemfields to profitability

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WHEN Pallinghurst Resources CEO, Arne Frandsen, announced to the market in May that the equity group was moving to buy out its 75%-owned coloured...

Power drain: How Eskom is sliding towards bankruptcy

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The rosy picture that Eskom’s executives painted recently of the power utility’s financial position could create the impression that reports of hardship were exaggerations,...

Swanepoel revelling in comedian with a conscience role

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IN his heyday – when he ran Harmony Gold during its expansion phase before the train smash with Gold Fields – one of the...

Sibanye Bold*

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NEAL Froneman has never been known for reticence. At a time when the mining industry was debt-shy, Sibanye Gold moved in the opposite direction...

Anglo SA deputy Norman Mbazima calls time on tickbox BEE

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TWENTY years ago, in a tightly packed auditorium at Anglo American, the group’s financial results ended in banner fashion. After months of speculation, the...

All eyes on Implats’ Muller as sets about time in charge

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NICO Muller is taking over the reins as CEO at Impala Platinum (Implats) at arguably the worst time in its corporate history, but that...

Glencore M&A doesn’t mean miners have returned to old ways

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DAYS after concluding the recapitalisation of its balance sheet, and reinstalling the dividend, Glencore boss, Ivan Glasenberg, announced a proposal that the Swiss-headquartered company...

Cashed-up South32 not ready to abandon its caution

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"SORRY, this is just our energy efficiency," says Mike Fraser, COO of South32’s Southern Africa assets. He waves his arms and the office lights...

The young Turks of SA’s emerging coal sector

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ASKED to clarify the pronunciation of his name, Vuslat Bayoglu responded: "Call me Vusi", normally a short version of a common South African name....