Resource and energy exports tipped to hit new records

Australia’s resource and energy exports are set to hit a new record of $285 billion in 2019–20, before falling back in 2020–21.
energy avesoro

South32 handpicks contender to acquire coal business

91% black-owned and controlled coal mining company Seriti Resources has entered into exclusive negotiations for the sale and acquisition of South32’s South Africa Energy Coal (SAEC) business following a comprehensive and competitive bid process.
ums safety

UMS: “We are ready to grow”

The UMS Group has taken quick action to change the market’s perception of the two companies it acquired in 2015 – Shaft Sinkers and METS.

Mozal Aluminium pledges $250,000 to Mozambique cyclone relief

Mozal Aluminium has donated US$250,000 to support recovery efforts following the devastating impact of Cyclone Idai in Mozambique.

South32 reshuffles its leadership team

Diversified mining company, South32, has made changes to the leadership team, in the roles of CFO, and chief marketing officer.

Transnet signs manganese contract with a global resource company

Transnet and South32 have signed a seven and a half year Manganese Export Capacity Allocation contract. This contract will allow for the transportation of 2.6 million...

South32 to restructure South African, Australian operations

Triple-listed spin-off South32 on Thursday announced significant job cuts at its South African and Australian operation as a means to reduce cash costs following...

Mining M&A deals: divestment to dominate in 2016 says EY

Mining M&A (merger and acquisition) activity in the sector in 2016 will be shaped by financial distress, with divestments expected to pick up pace...

Samancor remains closed until South32 completes strategic review

Triple-listed South32 said on Wednesday that the Samancor manganese joint venture (JV) in South Africa will remain closed until the completion of the ongoing...

South32 manganese business review due Dec’15, furnaces remain closed

South 32, the 60% JV partner with Samancor Manganese, increased its saleable manganese ore production by 18% in its September 2015 quarter, but dropped its...

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