Latest News for: Johannesburg mining

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Shine comes off De Beers as diamonds hit rough

The Manila Times 16 May 2024
JOHANNESBURG, South Africa – Mining titan Anglo American announced on Tuesday it planned to sell off the world's long-dominant diamond supplier De Beers, with analysts pointing to pressure from cheaper lab-grown stones and volatile consumer demand.
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Anglo American to split group after rejecting BHP bid

Independent online (SA) 14 May 2024
... war with other mining giants like Glencore or Rio Tinto ... It is now one of the largest mining companies in the world and is listed on stock exchanges both in London, where it is based, and Johannesburg.
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De Beers eyes £4bn London float as Anglo bids to fend off £34bn takeover

The Daily Mail 14 May 2024
Insiders at the mining giant believe De Beers – famous for coining the phrase ‘diamonds are forever’ – could be worth £4billion or more ... The shake-up also threw the future of the Woodsmith polyhalite fertiliser mine in North Yorkshire into doubt.
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Anglo American looking for higher valuation as it rejects BHP offer for second time

Independent online (SA) 14 May 2024
BHP has raised the valuation of Anglo American to nearly $43 billion (R788bn from R741bn previously) in its revised offer, which was tabled to the Johannesburg- and London-listed diversified mining group on May 7.
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Tarkwa: Chamber of Mines calls for air transport to drive mining hub

Business Ghana 13 May 2024
Despite its significant contribution to the Ghanaian economy and promises of developing it into a mining city akin to Johannesburg, Tarkwa remains a typical town, notwithstanding its abundant mineral resources.
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Rejection of BHP’s second bid for Anglo American is unsurprising

The Observer 13 May 2024
BHP is “disappointed” that its second takeover offer for mining rival Anglo American has been rejected, but it cannot be surprised ... in iron ore, which already have separate listings in Johannesburg.
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South Deep wind power decision drawing closer, Q2 update likely on backfill problem Gold Fields ...

Mining Weekly 08 May 2024
... establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.
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South Deep gold output well down as Gold Fields implements recovery plan

Mining Weekly 07 May 2024
The challenging quarter of the bulk mechanised mine near Westonaria, west of Johannesburg, which has been built to ...
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Darkly funny tale of two cities

Mail Guardian South Africa 07 May 2024
At Klein Street I turned to the right into Wolmarans Street, passed the now-neglected Johannesburg Art Gallery building into Joubert Park ... Johannesburg features prominently in The City Is Mine, the latest offering by Niq Mhlongo.
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Thungela announces passing of Thero Setiloane

Mining Weekly 02 May 2024
Johannesburg Stock Exchange-listed coal mining company Thungela Resources ...
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Gold Fields CFO takes early retirement

Mining Weekly 30 Apr 2024
Gold Fields long-serving CFO Paul Schmidt, who is also an executive ...
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Glencore’s Rustenburg ferrochrome smelter remains idled

Mining Weekly 30 Apr 2024
The London- and Johannesburg-listed diversified mining and marketing company reported 26% lower ...
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Funds that belong to miners hang in limbo

Independent online (SA) 29 Apr 2024
Looking back at the mining industry in South Africa, one has to ask the question of, “How much of the black southern Africa labour was exploited for at least 200 years by this industry?” ... for a mine.
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