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Industry Insight

Sibanye-Stillwater appoints non-executive director

PGM producer Sibanye-Stillwater has appointed Richard (Rick) Menell as the Lead Independent Director (LID) of the Board. Menell’s appointment is effective from 14 February 2020. He has been part of Sibanye-Stillwater for the past seven years after...

Harmony Gold acquires AngloGold Ashanti assets

AngloGold Ashanti will no longer be operating in South Africa following the sale of Mponeng and Mine Waste Solutions for approximately US$300 million. The acquisition will see the two assets incorporated into the Harmony portfolio, enhancing...

Mine companies could soon be power producers

Rolling blackouts by power utility Eskom has had dreadful consequences for the economy and various industries including the mining industry. During his State of the Nation Address (SONA), President Cyril Ramaphosa outlined measures to sort out...

Andrew van Zyl appointed director at SRK Consulting

SRK Consulting (SA) has announced the appointment of Andrew van Zyl as a director of the company. Van Zyl is a partner and principal consultant at SRK, with a focus on strategy, business development and valuation. He said the rotating appointment...

Developing a climate-conscious business

By Hans Kuipers Managing director and partner Boston Consulting Group (BCG), Hans Kuipers, talks about factors that mine companies need to consider with regards to climate change portfolios for businesses. Frequently, mining companies focus on...

Tough times for VMR

In December 2019, Heaven Sent Gold Limited’s listing on the Hong Kong Stock Exchange (HKEx) was postponed leading to dire consequences for Village Main Reef (VMR) – which operates underground gold mining and surface retreatment operations in South...

Renewable energy potential for mines

Encouraging comments by Minister of Mineral Resources and Energy Gwede Mantashe at the Investing in African Mining Indaba in Cape Town last week had the industry abuzz with possibilities for self-generation of electricity. With their recent...

Africa capitalises on Mining Indaba

The Investing in African Mining Indaba conference has come to an end. This year, Africa made its presence known when 40 African countries were represented at the investment conference. Their high-profile participation included a president, a prime...