Group’s share price jumps on news of the bid as board unanimously rejects merger proposal
Plunging PGM prices have resulted in the top brass taking a cut in their salaries
Thungela and Exxaro, however, still lack clear plans for reducing their scope 3 emissions
More than 450 incidents were recorded in 2023, with 1,239 arrests made at the group’s gold operations
The proposed transaction is the most material to have hit the SA corporate sector for some time
The miner is starting a process that could cause it to let go of 3,900 workers
Chairman says offer is unattractive and fails to value group’s prospects
Business Day TV talks to Nelson after the producer delivered Northern Cape’s first copper concentrate in 21 years
Anglo American shares jump almost 19% after BHP confirms offer that values it at £31.1bn
The deal, if agreed, would also trigger further transactions in the global mining industry
CEO Jan Nelson says this marks SA’s return to being a major copper player
But Sasol has kept its guidance for liquid fuel sales unchanged at 51-million to 54 million barrels
Diamond production is now expected at 26-29 million carats from a previous guidance of 29-32 million carats
The group maintained its production and sales guidance for the full year
Eskom load-curtailment had no impact on production during the quarter.
The High Court decided last week to grant the claimants the right to appeal
The company wants to see the project become its second base-metal production hub in the Northern Cape alongside Prieska Copper-Zinc Mine
The Rustenburg smelter has not operated in 2024 in response to market conditions
Australia Manganese’s output was affected by Tropical Cyclone Megan
