R/€ = 14.83 Change: 0.04
R/$ = 12.09 Change: 0.02
Au 1334.44 $/oz Change: -6.66
Pt 926.50 $/oz Change: -5.49


Mgojo transitioning to Exxaro CEO post as Nkosi begins exit process

By: Martin Creamer     30th March 2015 Mxolisi Mgojo, the executive responsible for carbon operations at the JSE-listed diversified mining company Exxaro Resources, has been appointed to serve as CEO-designate of the black-controlled company as part of a year-long exit process by incumbent CEO Sipho Nkosi, who will retire in March... 

Kumba’s employee share ownership plan lauded as payouts keep rolling in 

By: Chantelle Kotze     31st January 2014 Mining company Kumba Iron Ore’s 6 209 worker shareholders, who became pretax half-millionnaires in 2011, when the company paid out R2.7-billion during the first phase of the ten-year Envision employee share ownership plan (Esop), can look forward to an interim dividend payout in March, while... 

15/02/2013 (On-The-Air) 

By: Martin Creamer     15th February 2013 South Africa’s newest gold miner may share profits with employees and bus mineworkers home to allow them to spend more time with their families; A black empowerment company has now received a R17-billion bonanza from South Africa’s rich iron-ore endowment in the Northern Cape; and The world’s... 

27/07/2012 (On-The-Air) 

By: Martin Creamer     27th July 2012 Struggling platinum companies dive headlong into market development, stripping overheads; SA’s biggest iron-ore miner pays out a whopping R16bn to its BEE partners; and SA embraces new building techniques in a bid to beat the housing backlog.  


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