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Mining

Sibanye returns to profit, puts labour strikes behind it

Feb 19 2020 14:51

Sibanye posted a R603.5m profit for the six months ended in December 2019, representing a more than R750m comeback from the R170.7m loss reported in December 2018, while its EBITDA jumped 79% to R15bn.

Mining

BHP shareholders to receive second-biggest dividend on record

Feb 18 2020 13:18

The board of the world’s largest diversified miner has approved an interim dividend of US$3.3 billion, or about R49.7 billion at current exchange rates.

Mining

Miners welcome SA's plans to open up power generation

Feb 16 2020 14:05

South Africa's announcement that it will open up electricity generation to other players, effectively breaking Eskom's monopoly, has been welcomed by many, especially the mining industry, a key sector in Africa's most industrialised economy.

Mining

Gold Fields shuns SA exit on South Deep turnaround

Feb 14 2020 09:56

Gold Fields won’t be rushing to join AngloGold Ashanti in exiting the country after its last mine in SA returned to profit last year.

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Mining

AngloGold picks Harmony to buy SA assets

Feb 11 2020 10:04

AngloGold Ashanti picked Harmony Gold Mining as the buyer for its last remaining South African operations, according to people familiar with the matter.

Mining

Machines might not take miners' jobs, but could save their lives

Feb 07 2020 05:01

Simine consultant Antony Mello told Fin24 that the company served assisted the mining industry to define and understand the "organisation of the future", using tech to simplify tasks and help save lives.

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#BUDGET2020

Cuts to the public sector wage bill took centre stage at this year's Budget
 

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