De Beers' interim Ebitda falls on weak trading conditions. Diamond miner De Beers' earnings before interest, taxes, depreciation and amortisation (Ebitda) for the six months ended June 30 decreased by 27% year-on-year to $518-million. Challenging trading and ...

Anglo American to return up to $1bn to shareholders. JOHANNESBURG (miningweekly) - Diversified mining and marketing company Anglo American on Thursday announced its intention to return up to $1-billion to its shareholders through an immediate on-market s...

Anglo portfolio playing to demand for cleaner, electrified world - Cutifani. JOHANNESBURG (miningweekly.com) - The asset quality and product positioning of the Anglo American portfolio play precisely to the macro global demand for a "cleaner world, an electrified world and a co...

Eskom needs more support from coal producers, SADC - panel. JOHANNESBURG (miningweekly.com) - Coal producers should offer State-owned utility Eskom fairer pricing, while the Southern African Development Community (SADC) States should do more to support Eskom, d...

Prevost urges coal producers to focus on local demand. JOHANNESBURG (miningweekly.com) - South African coal producers should focus on supplying local industries and State-owned power utility Eskom, given the changing and uncertain export environment, XMP C...

Toyota's co-funding of PGM market development pleases Amplats. JOHANNESBURG (miningweekly.com) - The decision of the giant Toyota Motor Corporation to co-fund the development of the market for platinum group metals (PGMs) has been applauded by Anglo American Plati...

Zambia presses on with liquidating Vedanta unit assets despite ruling. LUSAKA - Zambia said on Tuesday it was proceeding with the liquidation of Vedanta Resources' Konkola Copper Mines (KCM) even after South Africa's High Court granted the firm an urgent interdict halting...

Kumba's interim dividend at 98% of HEPS. JSE-listed Kumba Iron Ore has declared a dividend of 30.70 rand a share for the six months ended June 30, which adds up to 9.9-billion rand in shareholder returns. CEO Themba Mkhwanazi on Tuesday said the pay...

Acacia investor Odey to back Barrick's final offer. BENGALURU - British hedge fund Odey Asset Management said on Monday it intends to vote, on behalf of its clients, in favour of Barrick Gold's final offer to buy out its fellow shareholders in Acacia Mi...

Petra delivers solid full-year performance in tough market. Aim-listed Petra Diamonds delivered solid results for the financial year ended June 30, despite a difficult market environment, while it continues its transition from a period of high capital investmen...