South African mining profits slump by almost half
Mining News Pro - South African mining company profits have plunged by almost half this year, dropping almost 100 billion rand ($5.2 billion) because of the blows from lower commodity prices, crippling power cuts, rail network constraints and rising costs, Fin24 said, citing a report by PwC.
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South African mining dealmaker plots M&A push before retirement
Mining News Pro - South African mining dealmaker Neal Froneman is considering retiring in two to three years time, but would first like to double the size of Sibanye-Stillwater.
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South African mining braces for coronavirus lockdown
Mining News Pro - South African mining companies are bracing for a heavy hit from the country’s looming nationwide lockdown to slow the spread of the coronavirus, warning of an expected leap in costs in addition to their lost output.
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South African mining output rises for first time in nine months
Mining News Pro - South African mining output increased for the first time in nine months in July as coal and iron ore production surged.
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South African mining sees considerable decline of 5.2% in July – Stats SA
Mining News Pro - ining production in South Africa decreased by 5.2% year-on-year in July, following a 3.7% year-on-year rise in June, mainly as a result of declines in the production of gold, iron-ore, coal and platinum-group metals (PGMs).
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These are African Mining’s Top 10 companies to work for
Mining News Pro - As the mining sector is recovering after the global financial crisis, it is experiencing unprecedented growth. And with growth, mining companies are on a mission to attract the brightest employees available in the market. Workers who have experience in engineering and geology are in high demand and can often pick and choose the mining company they want to work for. Here are the top ten mining companies to work for in Africa:
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