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Mining

Investor-friendly policies will grow SA firms in Zim - experts

Jun 24 2016 16:20

Zimbabwe’s export sector could benefit significantly from investor-friendly policies and resultant ramp-ups in mining and agricultural production, say experts.

Mining

Rio's revamp hints at potential $9bn BHP-style spinoff

Jun 22 2016 11:31

Rio Tinto Group is seemingly putting about $9bn of unwanted assets from coal and uranium to Canadian iron ore into a single basket ready to spin off.

Mining

BHP flags 'another 10yrs' as iron ore adjusts after boom

Jun 21 2016 12:27

The iron ore market will take longer to balance out than other commodities as excess supply may take years to be absorbed after a boom, according to BHP Billiton.

Mining

Amplats sees profit falling on platinum drop, tax adjustment

Jun 21 2016 11:44

Anglo American Platinum has said first-half profit will probably be at least 20% lower after a tax gain boosted earnings in the previous year.

Mining

Platinum output not keeping up with cost hikes, say miners

Jun 16 2016 10:36

Depressed metal prices and continued above-inflation increases in labour and other input costs present a major challenge to the industry, say platinum miners.

Mining

Gupta-owned company shares dive 91% as websites downed by hackers

Jun 15 2016 15:10

Gupta-owned Oakbay Resources and Energy’s share price has plummeted by over 90% on the JSE after hackers shut down the company’s websites.

Mining

Northam lost R15m a day in work stoppage

Jun 15 2016 19:52

Northam Platinum lost R15m a day in revenue during a week-long work stoppage at Zondereinde mine, a company spokesperson has revealed.

Mining

Northam miners back at work after murders halted operations

Jun 15 2016 08:58

Employees have returned to the Northam Platinum's Zondereinde mine, ending an eight-day stoppage spurred by the murders of two of their colleagues in union rivalry.

Mining

Miners cut distressed debt pool by $60bn

Jun 10 2016 12:21

Mining companies are getting back into financial shape and have cut the sector’s pool of distressed bonds by at least $60bn.

Inside Fin24.com

 
Mining

Chinese companies could buy Glencore's Kazakh mine

Jun 09 2016 19:15

Reports indicate that Chinese gold producers Shandong Gold Mining and Zhongjin Gold Corporation are among potential bidders for Glencore's gold mine in Kazakhstan.

Mining

Gupta-owned Oakbay set to make huge loss despite improvement

Jun 09 2016 15:17

The Guptas’ Oakbay Resources and Energy expects to make a loss of R16.913m in 2016, which it says is a 56% improvement from 2015’s loss of R38.94m.

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