MC Mining says chair Nhlanhla Nene resigned on April 26 and one of its independent nonexecutive directors, Khomotso Mosehla, on April 19
Business Day TV spoke to chief market strategist for the World Gold Council, John Reade
Chair Stuart Chambers said it is business as usual, having asked shareholders at the start of the AGM for no questions about the bid
PGM pricing remains lacklustre with notable volatility in both platinum and palladium reflecting the continued influence of investor activity
Production for the first quarter was broadly in line with a year ago
His appointment follows the forthcoming retirement of current CFO Paul Schmidt
Company might talk about other strategic combinations or disposals, says analyst
Group’s share price jumps on news of the bid as board unanimously rejects merger proposal
Plunging PGM prices have resulted in the top brass taking a cut in their salaries
Thungela and Exxaro, however, still lack clear plans for reducing their scope 3 emissions
More than 450 incidents were recorded in 2023, with 1,239 arrests made at the group’s gold operations
The proposed transaction is the most material to have hit the SA corporate sector for some time
The miner is starting a process that could cause it to let go of 3,900 workers
Chairman says offer is unattractive and fails to value group’s prospects
Business Day TV talks to Nelson after the producer delivered Northern Cape’s first copper concentrate in 21 years
Anglo American shares jump almost 19% after BHP confirms offer that values it at £31.1bn
The deal, if agreed, would also trigger further transactions in the global mining industry
CEO Jan Nelson says this marks SA’s return to being a major copper player
But Sasol has kept its guidance for liquid fuel sales unchanged at 51-million to 54 million barrels
Diamond production is now expected at 26-29 million carats from a previous guidance of 29-32 million carats