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SOUTH AFRICA

Regulatory change and safeguarding against corruption in the Australian mining industry

The Australian mining industry is a force to be reckoned with, playing a prominent role in the country's economy, accounting for 7% of its gross domestic product (GDP)...

By Scott Harris 30 May 2019

SOUTH AFRICA

Gold Fields sells Darlot mine

Gold Fields sold its unprofitable Darlot mine for A$18.5m in cash and shares to Australian Stock Exchange-listed Red 5, which plans to use the mine's infrastructure as a central processing hub in Western Australia...

5 Aug 2017

SOUTH AFRICA

DRC mining licence dispute goes to court

In a modern-day version of claim jumping, two companies are going to court over a contested mining licence in the DRC...

8 Mar 2017

AUSTRALIA

Booker Prize winning novelist 'ashamed to be Australian'

SYDNEY, AUSTRALIA: Booker Prize winning novelist Richard Flanagan said he was "ashamed to be Australian" during a scathing attack on the environmental policies of his home nation.

30 Oct 2014

SOUTH AFRICA

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

SOUTH AFRICA

Shabangu backs PIC on mining executives' pay

Mineral Resources Minister Susan Shabangu has come out in full support of the recent actions by the Public Investment Corporation (PIC) in voting against pay increases awarded to the chief executives of various mining companies at annual general meetings held recently.

By Brendan Ryan 29 Aug 2013

SOUTH AFRICA

Hidden Valley is a problem for Newcrest

The Hidden Valley mine in Papua New Guinea is a "problem child" and three key areas have come under focus to bring costs down‚ said Greg Robinson‚ chief executive of Australia's Newcrest Mining‚ which shares the project with Harmony Gold.

By Allan Seccombe 24 Apr 2013

AUSTRALIA

Stormy weather hasn't hurt Billiton's forecasts

SYDNEY, AUSTRALIA: Mining giant BHP Billiton affirmed full-year forecast for its major products on Wednesday (17 April), reporting a "robust" quarter of output, despite weather issues, at its premier Australian businesses.

18 Apr 2013

AUSTRALIA

Clough 'forges' deal with Macquarie Capital

Engineering and project services contractor, Clough is to sell its 30,9m shares in Forge Group to Macquarie Capital for AU$187m in terms of a block trade agreement. South African construction group Murray & Roberts owns 62% of Clough.

26 Mar 2013

AUSTRALIA

BHP Billiton to cut costs, control growth

SYDNEY, AUSTRALIA: The incoming chief executive of BHP Billiton, Andrew MacKenzie, said on Sunday (24 February) he will maintain focus on costs and productivity when he takes the helm at the world's biggest miner in May.

25 Feb 2013

AUSTRALIA

Iron ore production boosts BHP Billiton

MELBOURNE, AUSTRALIA: Mining giant BHP Billiton on Wednesday (23 January) reported that iron ore production in resource-rich Western Australia recorded another strong performance in the six months to December, while petroleum output was steady.

23 Jan 2013