Anglo's Brazilian millstone increasingly burdensome

Diversified major Anglo American has had two high-profile project acquisitions under Cynthia Carroll’s watch, both of which have gone from delight to disappointment.

Anglo goes from delight to disappointment as project acquisitions sour

Diversified major Anglo American has had two high profile acquisitions under Cynthia Carroll’s watch, which have both have gone from delight to disappointment.

Carroll has no governance qualms about taking on Anglo Platinum top spot

There are no qualms from Anglo American CEO Cynthia Carroll about taking on the chairpersonship of Anglo Platinum, which several see as a breach of corporate governance. Carroll tells Mining Weekly that she is well aware of the King 3 corporate...

Anglo still talking to Eskom on power plant possibility – Carroll

Diversified miner Anglo American was continuing its power discussions with South Africa's State utility, Eskom, on the possibility of a power plant being built that would make use of Anglo's discard coal. Anglo Thermal Coal has large volumes of...

Anglo chair list includes Ramaphosa – source

South Africa has put together a list of proposed black candidates for a new chairperson of Anglo American Plc, including business magnate and former union leader Cyril Ramaphosa, a government source said on Thursday. The country wants to have a...

Homeland announces board shake-up

Three directors of Homeland Energy Group (HEG), including CEO Stephen Coates, have resigned from the board effective June 5, the firm announced on Monday.

Real Economy Report

From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: South African Airways fleet plan takes wing, truck sales to remain strong post 2010, and we speak to Eskom about its commitment to start reducing its...

Ex-AngloGold boss Godsell appointed as Eskom chair

Business and mining personality Bobby Godsell has been appointed as Eskom chairperson, succeeding politician-turned-businessman Valli Moosa, Public Enterprises Minister Alec Erwin confirmed on Thursday. In addition to Godsell’s appointment,...

Daily podcast – June 27, 2008

In today's podcast: The IDC plans to list Foskor on the JSE in 2009, Jacob Maroga will forego his 2007/8 bonus and, the Johannesburg High Court rules in favour of gold-miner AngloGold Ashanti in terms of a R2,7-million occupational health disease...

Daily Podcast - June 4, 2008

In today's podcast: Eskom pores over first 15 cogeneration bids and is still hoping for 3 000 MW, new vehicle sales slow to lowest level since 2004, and Barrick's Sokalsky says Industry needs $700/oz gold price to stay afloat.

Daily podcast – May 23, 2008

In today's podcast: Neotel unveils its long-awaited consumer offering, Eskom chairperson Valli Moosa breaks his silence, and CoM chief economist Roger Baxter states that a smoothed approach of increasing electricity prices is the best way for...

Challenge is to turn resources to account for broad national benefit, says Godsell

Gold company Gold Fields is well on its way to providing the near-mine community of the Far West Rand with an economic future when mining ceases in the area. This will be done through "living gold" - the growing of long-stem, big-headed...