Black-owned and controlled coal mining company Seriti Resources has concluded an acquisition agreement with South32 to acquire South 32’s 91.835% shareholding in South Africa Energy Coal.
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.
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.
Mozal Aluminium has donated US$250,000 to support recovery efforts following the devastating impact of Cyclone Idai in Mozambique.
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...
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...
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...