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Loss-making Metmar cold-shoulders mining, returns to trading roots

By: Martin Creamer A R65-million operating loss in the 12 months to February 28 has prompted JSE-listed Metmar to cold-shoulder mining and re-embrace metals trading base on which the company was founded. “Our focus going forward is on the trading business and not on mining business,” Metmar CE David Ellwood said... 

Mike Teke

By: Martin Creamer Position: CEO, Optimum Coal Holdings (OCH) Main activity of the company: Coal Mining and Exploration Date and place of birth: 15 August 1964, Springs (KwaThema) 

Optimum Coal plans listing as it concludes agreement to buy BHP's colliery 

By: Christy van der Merwe Black-owned coal mining and exploration group Optimum Coal Holdings said on Wednesday that it had concluded an agreement to acquire the Optimum Colliery and associated assets from BHP Billiton Energy Coal SA (Becsa). The only outstanding conditions to be met included obtaining Optimum's... 

Resources giant pursues multifaceted SA transformation

By: Martin Creamer When Mining Weekly interviewed BHP Billiton South Africa chairperson Dr Vincent Maphai at the time of the announcement of his appointment last year, he cut a fairly lonely black figure on the company’s leadership profile. 

Gaining ground

By: Martin Creamer One year on, multi-faceted transformation unfolds 

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