Mining SOE in rogue deal to buy Optimum

Transaction entered into without the knowledge or permission of Treasury or energy minister

Mining SOE in rogue deal to buy former Gupta unit Optimum

Transaction entered into without the knowledge or permission of Treasury or energy minister

India’s competition watchdog targets Glencore and two other companies

Allegations probed that firms formed a cartel to discuss the pricing of pulses while importing and selling them at higher prices during shortage in 2015 and ...

How Richtersveld diamond deal leaves locals with dirt

Tensions are mounting in the diamond-rich Richtersveld after the sale of mines by Trans Hex left behind a multimillion-rand rehabilitation debt, writes Yolandi ...

Judge slams Amcu violence and rejects secondary strike

A labour court judge has tough words for union over its history of violent strikes

WATCH: Exxaro gives shareholders something to smile about

Exxaro’s head of finance, Riaan Koppeschaar, talks to Business Day TV about the company’s full-year results

Exxaro races against time as the world shuns dirty coal

The major miner plans to take full advantage of a limited window of opportunity

Exxaro Resources rewards shareholders handsomely in 2018

Exxaro says it had record performances in coal production, sales and export volumes

Mining giants scramble to reduce exposure to Eskom

Mining companies see Eskom as their biggest risk and many are turning to solar projects to reduce their exposure to soaring electricity prices and erratic ...

Despite exceptional year, Gem Diamonds withholds dividend

The diamond miner reported record recoveries of large diamonds at its Lesotho mine, but has decided not to pay a dividend

Barrick’s hostile bid yields big prize

Company ends $17.8bn bid for Newmont Mining but settles for merging their Nevada gold projects in  joint venture

Barrick withdraws $18bn hostile bid for Newmont

The two largest gold producers opt instead to forge a joint venture around their Nevada goldfields projects

Eskom’s unreliability is main threat to Merafe

Merafe, whose primary asset is a 20.5% stake in a chrome joint venture with Glencore, reported lower cash flow, profitability and revenue in the year to ...

Electricity price rises will devastate gold sector, Sibanye warns

With electricity accounting for up to 18% of producers’ cash operating costs, the new tariff increases mean SA miners will remain marginal

Chile’s Codelco continues lithium push despite slow progress

Mining minister says state-run miner, the world’s largest copper producer, will commit $57m for further exploration of the battery mineral

SA platinum producers pin hopes on autocatalyst makers

Selling to manufacturers of autocatalysts is an avenue SA platinum producers hope to explore to counter global platinum surplus of the metal


Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.