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IFC named top investor in Partech Africa €100 million VC fund
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Mining

Anglo American completes sale of Dartbrook coal mine

Tuesday, May 30th, 2017

Anglo American completes sale of Dartbrook coal mine

Anglo American announced today, 30 May 2017, the completion of the sale of its 83.33% interest in the Dartbrook coal mine located in the Hunter Valley, New South Wales, Australia, to Australian Pacific Coal Limited following the announcement of the sale and purchase agreement in December 2015. Dartbrook consists of an underground thermal coal mine

Transformation in liquid fuels sector is a sustainability issue

Monday, May 29th, 2017

Transformation in liquid fuels sector is a sustainability issue

Despite much work by the industry and government, and the signing of the first industry charter in 2000, the liquid fuels sector has still not achieved significant transformation. Noor Kapdi, Dentons South Africa Managing Partner, argues that...

SA Minister lifts appeal against integrated water use licence for Makhado Project

Monday, May 29th, 2017

SA Minister lifts appeal against integrated water use licence for Makhado Project

Coal of Africa Limited is pleased to advise that the suspension of the Integrated Water Use Licence (IWUL) for the Makhado Project has been lifted by Nomvula Mokonyane, South African Minister of Water and Sanitation. In April...

Implats announces dual offering of ZAR 3.250 million

Friday, May 26th, 2017

Implats announces dual offering of ZAR 3.250 million

Implats today, 26 May 2017, announces the final terms of a dual offering of ZAR 3,250 million unsecured convertible bonds due 2022 and U.S.$250 million unsecured convertible bonds due 2022 and together with the 2022 ZAR Convertible...

Sibanye Gold appoints new Independent Non-Executive Director

Wednesday, May 24th, 2017

Sibanye Gold appoints new Independent Non-Executive Director

Christopher Chadwick has resigned from the Board with effect from 23 May 2017. Chadwick has been a director since 16 May 2014. The Board would like to thank Chadwick for his contribution to the Group and wishes...

South African mining companies need to transform

Wednesday, May 24th, 2017

South African mining companies need to transform

Struggling with commodity prices, declining ore grade and operational challenges, South African miners have no choice but to focus on creating operational excellence to buffer against declining margins. Creating operations that are interconnected digitally, and built on...

Anglo American appoints new Non-Executive Director

Tuesday, May 23rd, 2017

Anglo American appoints new Non-Executive Director

Anglo American announces that Ian Ashby will join the Board as a non-executive director, with effect 25 July 2017. Ashby has 37 years of experience in the mining industry, including 25 years in a wide variety of...

Tharisa revenue jumps to $175.1 million

Tuesday, May 16th, 2017

Tharisa revenue jumps to $175.1 million

Tharisa has announced its interim results for the period ended March 2017. Revenue fro the interim period jumped to USD175.1 million (USD86.0 million) and gross profit shot up to USD82.4 million (USD21.1 million). Results from operating activities...

Equatorial Guinea hosts first Economic Forum in Saudi Arabia

Friday, May 12th, 2017

Equatorial Guinea hosts first Economic Forum in Saudi Arabia

Two global energy powers met on 11 May 2017 for the first Equatorial Guinea-Saudi Arabia Economic Forum, organized by the Ministry of Mines and Hydrocarbons of Equatorial Guinea. The historic event was hosted by the Jeddah Chamber...

South African minerals industry needs investor certainty

Wednesday, May 10th, 2017

South African minerals industry needs investor certainty

The recent Fraser Institute survey of mining globally has seen South Africa drop to 74th place out of 104 mining jurisdictions, down from last year’s 66 . We now rank behind the likes of the Democratic of...

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