Author

 
Andre Janse van Vuuren

Andre Janse van Vuuren

    Lonmin to cut jobs, close shafts amid platinum slump
    Lonmin to cut jobs, close shafts amid platinum slump
    Johannesburg-based Lonmin, the world’s third-biggest platinum producer, may cut as many as 6 000 jobs and close shafts...
    African Rainbow profit rises despite iron ore slump
    African Rainbow profit rises despite iron ore slump
    African Rainbow Minerals, the mining company controlled by billionaire Patrice Motsepe, said full-year profit rose 10% after a weaker rand countered...
    Northam expansion bets on a rise in platinum prices
    Northam expansion bets on a rise in platinum prices
    Northam Platinum plans to position itself as one of the world's largest producers as it forecasts an increase in prices of the metal by 2018.
    African Bank splits to isolate loans in Reserve Bank rescue
    African Bank splits to isolate loans in Reserve Bank rescue
    African Bank Investments Ltd. got emergency support from South Africa's central bank in a plan calling for the company to raise R10-billion in...
    Lonmin sells shares to meet BEE deadline
    Lonmin sells shares to meet BEE deadline
    Lonmin said it will increase ownership by black South Africans as the platinum producer seeks to meet the country's year-end deadline for 26% of...
    Kumba first-half profit falls 16% as iron-ore prices slump
    Kumba first-half profit falls 16% as iron-ore prices slump
    Kumba Iron Ore, the Anglo American unit that owns Africa's largest mine for the steelmaking ingredient, said first-half profit fell 16% after...
    Amplats may sell SA mines as strike hits profit
    Amplats may sell SA mines as strike hits profit
    Anglo American Platinum (Amplats), the world's largest producer of platinum, is putting four mines and possibly two joint ventures up for...
    Anglo Platinum meets sales contracts even as strike cuts output
    Anglo Platinum meets sales contracts even as strike cuts output
    Anglo American Platinum, the world's largest producer of the metal, said it met all deliveries in the second quarter even as a strike cut output by...
    Amplats profit likely wiped out by five-month strike
    Amplats profit likely wiped out by five-month strike
    Anglo American Platinum, the world's largest producer of the metal, said first-half profit dropped as much as 96% after a five-month strike in South...
    New mining minister steps up strike intervention
    New mining minister steps up strike intervention
    South Africa's new mining minister called on the nation's treasury and labour departments to assist in ending a four-month strike over pay that's...
    Tiger Brands writes off R850-million in Nigeria’s Dangote Flour
    Tiger Brands writes off R850-million in Nigeria’s Dangote Flour
    Tiger Brands, South Africa's largest food company, will write off about half of its investment in Dangote Flour Mills less than two years after...
    Lonmin to cut jobs unless workers halt 15-week strike
    Lonmin to cut jobs unless workers halt 15-week strike
    Lonmin said on Monday it would have to cut jobs unless workers end a strike that has crippled the company's platinum mines for more than 15...