Industries

Pan African Resources seeks Asian investors

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Posted by admin 108 days ago (http://www.miningmx.com)

Jan Nelson, CEO of Pan African Resources, said he had no fears about attracting investors, specifically Chinese backing, to his company.

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Randgold Resources to seek fixed dividend policy

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Posted by admin 109 days ago (http://www.miningmx.com)

Randgold Resources is to discuss the possibility of installing a fixed dividend policy amid heavy capital expenditure outlay, especially in its new financial year.

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Amplats may write-down R4.1bn on restructure

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Posted by admin 109 days ago (http://www.miningmx.com)

Anglo American Platinum said it may impair assets earmarked for closure for a total of R4.1bn if its 400,000 oz restructure proceeds.

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NUM blocked Implats' push for wage lift

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Posted by admin 111 days ago (http://www.miningmx.com)

The National Union of Mineworkers deliberately blocked efforts by Impala Platinum to lift salaries for rock drill operators, the Farlam Commission heard.

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Three 'bones of contention' in MPRDA changes

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Posted by admin 111 days ago (http://www.miningmx.com)

Legal experts are concerned regarding amendments to the Minerals and Petroleum Resources Development Act. Here are three key bones of contention...

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AngloGold sees 11% Tropicana capex hike

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Posted by admin 112 days ago (http://www.miningmx.com)

AngloGold Ashanti said capital expenditure at its western Australia prospect, Tropicana would be 11% higher than the mid-point of its estimates in 2010.

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Shabangu's Anglo grievance was justified

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Posted by admin 112 days ago (http://www.miningmx.com)

There's a case to be made for mines minister Susan Shabangu's fury as events leading up to Amplats' restructuring announcement clearly shows.

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Eskom tariff is 'tipping point' for mines: Cutifani

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Posted by admin 113 days ago (http://www.miningmx.com)

President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.