Sunday , 23 September 2018

Category: Mining & Engineering

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Anglo American to sell Eskom thermal unit

Anglo American to sell Eskom thermal unit

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) - ANGLO American has announced the sale of its Eskom-tied domestic thermal coal operations in South Africa to a wholly owned subsidiary o ...

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DRC Mining Week expands to connected sectors

DRC Mining Week expands to connected sectors

From JEAN KASSONGO in Kinshasa, DRC KINSHASA  – THE award-winning Democratic Republic of Congo (DRC) Mining Week returns to Lubumbashi in June with a broadened focus to include th ...

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Glencore sales off stakes in African markets

Glencore sales off stakes in African markets

By TINTSWALO BALOYI JOHANNESBURG - GLENCORE, the Anglo–Swiss multinational commodity trading and mining company, has shed off major stakes in its operations in Namibia and Burkina ...

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De Beers unfazed by diamond sales decline

De Beers unfazed by diamond sales decline

By GIFT NDOLWANE JOHANNESBURG - THE De Beers Group of Companies is undeterred by a drop in diamond revenues during the second sale of the year. Sales during the period were US$545 ...

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GoldFields shares surge after industry recovery

GoldFields shares surge after industry recovery

By GIFT NDOLWANE JOHANNESBURG - GOLD Fields Limited advised shareholders earnings per share (EPS) for the twelve months ended December 31 2016 (FY 2016) are expected to be between ...

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Petra revenues, diamond output up

Petra revenues, diamond output up

By GIFT NDOLWANE JOHANNESBURG - PETRA Diamonds has recorded a revenue increase of 48 percent to US$228,5 million for the six months ended December 31 thanks to increased sales vol ...

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De Beers propose partnerships to defy recession

De Beers propose partnerships to defy recession

By GIFT NDOLWANE JOHANNESBURG - DE Beers Group Chief Executive Officer, Bruce Cleaver, has called on the diamond sector to work together to overcome the volatility experienced in ...

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Gold Fields Kirkland transaction halted

Gold Fields Kirkland transaction halted

GIFT NDOLWANE JOHANNESBURG - DISCUSSIONS between Gold Fields Limited and Silver Standard Resources over the acquisition of Kirkland Lake Gold have stalled. This has put paid to th ...

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Companies rewarded for transforming property sector

Companies rewarded for transforming property sector

GIFT NDOLWANE JOHANNESBURG - THE South African Institute for Black Property Practitioners (SAIBPP) has recognised a number of companies for commitment to driving transformation in ...

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Anglo American completes sale of operations to Sibanye

Anglo American completes sale of operations to Sibanye

GIFT NDOLWANE JOHANNESBURG - SIBANYE Rustenburg Platinum Mines Proprietary Limited has acquired Anglo American Platinum’s Rustenburg operations in South Africa for R4,5 billion. S ...

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