Miner: more gold, lower cost Pan African production plans

Pan African aims to turn a bad year on its head by focusing on projects that will increase output and reduce costs

Indian billionaire Anil Agarwal to boost his Anglo share

Anglo American will soon have a new dominant shareholder

Pan African is hopeful it has put a bad year of low production behind it

The gold miner has declared a dividend despite a steep drop in profit as falling output combined with flat gold prices and rising costs

Sibanye Stillwater issues $450m bond for Stillwater acquisition

The convertible bond issue is the final step in the refinancing of the purchase of the US mines

Mines are failing to curb death rates

Union Solidarity expects 2017’s death figures are likely to be worse in difficult year for the industry

Petra may mothball Tanzanian diamond mine amid crackdown

Crackdown by Tanzanian government a threat to debt covenants and miner may close Williamson operation

Impala Platinum puts a number on first round of job cuts

Implats has begun the retrenchment process as new CEO Nico Muller seeks to return it to profitability — but he says this round does not preclude further ...

Rockwell Diamonds keeps sale talks alive

The miner has a potential buyer for its three assets in liquidation — but the business rescue practitioner has already launched a court application that would ...

Implats strategy: Nico Muller must now walk his tough talk

Implats’s new CEO must show shareholders he can deliver on his promises, writes Allan Seccombe

BL PREMIUM
Miners moving to higher risk countries may not be worth it

A resurgence in resource nationalism has made safer regions, where political risks and capricious regimes are less likely, more attractive

AngloGold Ashanti may be on the verge of selling Kopanang gold mine

The mine was to be closed, but a memorandum of understanding has been signed with an undisclosed buyer which, if successful, will keep the mine open

Lonmin given deadline to fix non-compliant parts of its social labour plan

The Department of Mineral Resources has served notice to the platinum miner relating to its local development programmes, which Lonmin says it will attend to

Implats warns of job cuts as it tackles unprofitable shafts

Implats could start with shedding up to 4,000 positions, keeping the number relatively low to avoid a backlash

De Beers on the hunt for source of leaked price data

KMPG has been hired to find the source of possible leaks of sensitive price data amid ‘rumours of information-sharing in the industry’

Dangote throws its hat into the PPC takeover ring

Dangote’s interest in buying PPC signals the start of a possible bidding war for SA’s biggest cement maker after an earlier offer led by Fairfax

Impala Platinum takes a long, hard look at loss-making shafts after R8bn loss

Implats has slashed its production forecast and is seeking cheaper, shallower assets

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Investors Monthly is a magazine published by Times Media, Media Division included in the Financial Mail on the last Thursday of the month.