Kumba CFO to step down in December
KUMBA Iron Ore said its CFO of eight years Bothwell Mazarura is to step down from end-December after serving a six month notice period. He will be replaced by Xolani Mbambo,…
Mkhwanazi to leave Anglo as group streamlines executive
ANGLO American said its regional director for Australia and Africa, Themba Mkhwanazi would leave the company following the disposal of group assets in the past 12 months.…
Minerals Council harbours concerns about MPRDA review
THE Minerals Council of South Africa CEO, Mzila Mthenjane on Monday acknowledged concerns over possible amendments to the country’s centrepiece mining legislation, the Minerals…
Minerals Council urges GNU to take mining seriously
MINERALS Council CEO Mzila Mthenjane believes it is “absolutely critical” that the newly-formed Government of National Unity (GNU) will view business as partner in its plans. But…
Project finance secured for Envusa’s 520MW solar, wind projects
ENVUSA Energy, a joint venture between Anglo American and EDF Renewables, a unit of France’s EDF Group, has completed financing of three solar and wind energy plants with…
Anglo’s Mkhwanazi says SA must move on from regulated BEE
BETWEEN 2014 and 2020 alone, South Africa’s mining sector generated some R160bn in transformation initiatives in South Africa, making it one of the greatest transformation…
Minerals Council SA names Exxaro executive Mzila Mthenjane as new CEO
MZILA Mthenjane, an executive at Johannesburg-listed Exxaro Resources, has been appointed CEO of the Minerals Council. He is due to join the council in August pending…
SA’s mining sector saved stumbling Transnet R1.6bn with just one intervention last year
WHAT exactly is going wrong at Transnet Freight Rail (TFR), the largest business unit of the state-owned ports and rail company? Speaking to company executives at the Mining…
Anglo enters last stage of $226m Aquila metallurgical coal project commissioning
ANGLO American’s $226m metallurgical coal project Aquila situated in Australia’s Queensland state was in the final stages of commissioning, the group said today. It will extend…
Harmony Gold “deeply concerned” as fatalities into double figures following Doornkop incident
MINING fatalities moved into double figures at Harmony Gold this calendar year after the South African gold producer reported the death of a miner at its Doornkop operation, west…
SA mining heading for a second successive regression in fatalities led by falls of ground
FATALITIES in South Africa’s mining sector were heading for a second successive increase, according to data today published by the country’s Minerals Council. As of end-October,…
Kumba lowers full year iron ore sales on concerns of maintenance overrun at Transnet port
KUMBA Iron Ore said full year sales of the steel-making ingredient would be about 39 million tons (Mt) for the 2021 financial year owing to the risk of maintenance overruns at…
Anglo American appoints De Beers ‘lifer’ Mpumi Zikalala to top job at Kumba Iron Ore
ANGLO American today unveiled a number of senior management changes precipitated by the resignation of the group’s head of bulk commodities, Seamus French, who departs after 14…
Transnet discussions “early days” but Anglo’s Cutifani says SA is primed for reform
ANGLO American CEO, Mark Cutifani described discussions with Transnet regarding a potential investment as “very early days”, but added that the tide may have turned in the reform…
Kumba “registered interest” in taking stake in Transnet, says CEO Themba Mkhwanazi
KUMBA Iron Ore has registered an interest in taking a stake in Transnet, South Africa’s government-owned freight and logistics company. “Transnet is obviously looking at…
Kumba pays out 100% of record earnings but says runaway iron ore price to moderate
KUMBA Iron Ore announced an R72.70 interim dividend representing 100% of record earnings on the back of exceptional iron ore prices and despite logistical problems that saw the…