Racial edicts in the form of the current empowerment regime have been presented as a non-negotiable by President Ramaphosa, writes Terence Corrigan.
Mining industry leaders have called on government for reliable power supply and better infrastructure to allow for meaningful investment.
Miners and investors think the sector's heavyweights might be close to a new jackpot discovery.
South32 is studying a potential bid for Rio Tinto’s $1.6bn coking coal portfolio, as it seeks to take advantage of surging prices for the steelmaking ingredient.
South32 expects coal production at its South African operations to dip further.
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.
South32 says first-quarter output dropped 4% after halting some mine work in South Africa.
Mining giant BHP Billiton's South32 spin-off has announced $1.7bn in asset writedowns and says it will axe hundreds of jobs in South Africa.
South32 plans to cut 447 jobs at the Hotazel manganese mine in Kuruman, the National Union of Mineworkers says, in the latest in a slew of layoffs in the embattled industry.
Exxaro Resources and Seriti Resources are among groups considering bidding for South32’s South African thermal coal operations, valued at almost R12bn, according to people familiar with the matter.
The mining industry’s culture needs to become “less alpha male” and has a long way to go to create a workplace that includes women, according to president and COO of South32.
Numsa and South32 have reached a wage settlement, resulting in an end to the strike.
South32 is ditching the first major deal it made since spinning off from BHP Billiton in 2015.
BHP CEO Andrew Mackenzie has intensified his warnings that US trade protectionism under President Donald Trump would threaten global growth and the fight against poverty.
South32 says it’s monitoring two potential investment opportunities after reporting full-year earnings that beat analysts’ estimates.
South32 is considering bidding for Anglo American’s $1bn niobium and phosphate business in Brazil, according to three people familiar with the situation.
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