UBSIn the news
BHP promotes Wood to CFO as Pant departs
BHP has appointed Adrian Wood as its new CFO following the resignation of Vandita Pant, amid an executive reshuffle and restructuring of its Western Australia iron ore division.
Thungela takes gains to 98% as coal nears one-year high
Thermal coal prices near a one-year high as tight supplies and robust Asian demand drive up Richards Bay futures, boosting South African miners Thungela and Exxaro.
Afrimat bets on Doornfontein as iron ore profits collapse
Afrimat looks to lower-cost production from its new Doornfontein deposit to boost margins after weak iron ore prices, soft Chinese demand, and steep freight rates hit interim…