ARTICLES RELATING TO MINING

South32 SA coal production to dip further

2017-04-28 18:38

South32 expects coal production at its South African operations to dip further.

Mining Charter, BEE a failure - report

2017-04-25 21:10

Much of the wealth of the country's mining industry is still in the hands of a few when it should be benefiting a larger majority, according to a report.

De Beers sells twice as many diamonds

2017-04-24 17:46

De Beers has sold almost twice the diamonds it mined in the first quarter as the top producer cleared stocks that piled up after India torpedoed demand in the local gem industry.

SA coal mines leave legacy of ruin

2017-04-19 10:51

Oxpeckers publishes never-before-seen data exposing the lack of mine closures, despite R45bn being held in financial provisions for rehabilitation in 2015.

South32 walks away from deal to buy Peabody mine

2017-04-18 12:07

South32 is ditching the first major deal it made since spinning off from BHP Billiton in 2015.

In the markets: What to watch this week

2017-04-10 07:18

Data released this will week will include quarterly consumer confidence data, expected to indicate the realities of poor household income.

ArcelorMittal SA plans to raise R3.5bn in debt

2017-04-06 18:28

ArcelorMittal South Africa is in talks to borrow R3.5bn as part of a capital raising plan, says the country’s biggest steelmaker.

Anglo's new billionaire backer Agarwal says he's no activist

2017-04-03 12:46

Anglo American’s new billionaire shareholder said he has no intention of behaving like an activist investor after surprising the mining industry by paying $2.5bn for a 13% stake this month.

Light at the end of mining tunnel with increased profits

2017-03-30 18:14

South Africa’s mining sector’s profits improved by R72.2bn in the period between 2015 and 2016, although the increase is off a very low base, says the Chamber of Mines.

Anglo says SA reorganisation adds sale flexibility

2017-03-21 18:11

Anglo American Plc said its decision to split some SA assets into a different subsidiary gives it the “flexibility” to dispose of its iron ore and export thermal coal assets should it decide to do so.

 

Impala could cut more than 1 000 jobs at SA Mine

2017-04-26 08:19

Impala Platinum says protests at its Marula mine and low metal prices has led the world’s second-largest producer of the metal to start a reorganisation process.

Oil, mining giants detail road map to reduce carbon by half

2017-04-25 10:54

A group of companies and non-profit agencies that includes Shell and BHP Billiton says global greenhouse gas emissions could be cut in half by 2040.

Anglo American iron ore, diamond output shines

2017-04-24 11:38

Anglo American’s iron ore and diamond output has risen after production increased at its Minas Rio mine in Brazil and the gem market improved.

Glencore cobalt supplies in Congo face hold up over mine row

2017-04-19 09:48

A dispute between state-owned Gecamines and its joint-venture partner at a Congolese cobalt mine that supplies Glencore threatens to halt the supply of the metal.

Sibanye to raise $2bn in equity, debt for Stillwater deal

2017-04-18 11:59

Sibanye Gold plans to raise $1bn from shareholders and a further $1bn in debt, most likely bonds, to pay for the acquisition of Colorado-based Stillwater Mining.

Radebe looks to mining for transformation

2017-04-09 06:06

Minister in the Presidency Jeff Radebe says government has failed to use the mining sector to effect transformation in the country’s economy.

Mine communities ignored in design of social plans

2017-04-03 12:46

Mines are often ringed by shanty towns housing migrant workers, while environmental damage to surrounding areas regularly threatens the livelihoods of local communities.

RBM gets closer to extending its operations

2017-04-02 06:02

Agreements with traditional authorities pave the way for the development of Zulti South mine, stretching mineral extraction to 2037.

South32 to put R6.1bn back in shareholders' pockets

2017-03-27 09:26

South32 intends to return an additional $500m (R6.1bn) to shareholders by means of a capital management programme which complements the company’s dividend policy.

Warrant for West Coast mine invalid - court

2017-03-21 10:04

The Western Cape High Court has declared a warrant used to authorise a search-and-seizure operation at the Tormin mine, on the West Coast, invalid and set it aside.

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