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LATEST NEWS FOR South32 Ltd.  

South32 is a global mining and metals company. South32 produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc at operations in Australia, Southern Africa and South America. With a focus on growing... [more info]
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The stampede to exit coal is a worrying harbinger for LNG: Russell

The stampede to exit coal is a worrying harbinger for LNG: Russell

20 Apr 2021 /  Kenneth Maxwell, Bloomberg   2
South32 is one of several major coal miners seeking to exit a business that has become increasingly problematic.
NUM implicates Eskom in procurement corruption

NUM implicates Eskom in procurement corruption

7 Apr 2021 /  Thando Maeko   6
The union wants the SIU to investigate.
Nersa considers new Eskom negotiated pricing agreement with Hillside

Nersa considers new Eskom negotiated pricing agreement with Hillside

18 Mar 2021 /  Moneyweb   3
Income from the utility's biggest single client could increase by 40%.
Distressed companies can apply for lower electricity tariffs

Distressed companies can apply for lower electricity tariffs

2 Dec 2020 /  Moneyweb   9
Frameworks for incentive pricing have been finalised.
Can the IDC finance SA’s economic recovery?

Can the IDC finance SA’s economic recovery?

12 Nov 2020 /  Barbara Curson   15
Mounting debt puts it in a precarious position and may limit its ability to stimulate growth.
South32 CEO “optimistic” about finalising South African thermal coal exit this year

South32 CEO “optimistic” about finalising South African thermal coal exit this year

7 Oct 2020 /  Helen Reid, Reuters  
South Africa's Competition Commission last month recommended the Competition Tribunal approve the deal.
Rand slumps in fear of Covid-19 second wave

Rand slumps in fear of Covid-19 second wave

21 Sep 2020 /  Melitta Ngalonkulu   2
With only three JSE Top 40 rand hedge stocks up.
Weekly wrap: Precious metals producers mint profits

Weekly wrap: Precious metals producers mint profits

24 Aug 2020 /  Ciaran Ryan  
While diversified miner South32 slips into loss.
BHP overstayed in petroleum. Time to exit

BHP overstayed in petroleum. Time to exit

4 Jul 2020 /  Clara Ferreira Marques, Bloomberg   2
Diversification has benefits, but operating synergies between oil and mining are debatable.
Seriti CEO seeks acquisitions beyond South African coal mines

Seriti CEO seeks acquisitions beyond South African coal mines

25 Jun 2020 /  Paul Burkhardt, Bloomberg  
“We are going to take over several businesses that are not in coal,” Teke said
South Africa to disclose carbon emissions from its biggest polluters

South Africa to disclose carbon emissions from its biggest polluters

9 Apr 2020 /  Antony Sguazzin, Bloomberg   
These include Sasol, Eskom and Anglo American.
Mines forced to overhaul their supply chains

Mines forced to overhaul their supply chains

7 Apr 2020 /  Ciaran Ryan   2
Keeping six months’ stock of essential supplies, considered wasteful a year ago, now seems like a good idea.
South African mining sector braces for coronavirus lockdown

South African mining sector braces for coronavirus lockdown

25 Mar 2020 /  Tanisha Heiberg, Reuters  
Furnaces, underground mines to go on 'care and maintenance'.
Mining industry is about to come to a standstill

Mining industry is about to come to a standstill

24 Mar 2020 /  Felix Njini and Thomas Biesheuvel, Bloomberg   1
'This would be unprecedented in the history of mining in South Africa,' said Roger Baxter
Anglo American to decide this year on fate of SA’s thermal coal assets

Anglo American to decide this year on fate of SA’s thermal coal assets

3 Feb 2020 /  Tanisha Heiberg, Reuters   
The mining company has come under pressure to reduce its exposure to coal amid climate concerns.

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