The company continually improves the effectiveness of the quality management system in line with ISO 9001 standards. All our subsidiaries adhere to Quality Management System manuals which contain activities and standards to be followed on all contracts as well as internal departments and to comply with the minimum requirements of ISO 9001. Continual improvement is one of the cornerstones of our business and is being communicated on a regular basis, throughout the organisation. All employees are made aware of the quality standards and its objectives and are committed to its implementation.
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nvestors welcomed BHP Group’s decision to walk away from a $49-billion plan to take over its rival Anglo American, which rejected three proposed offers from the top global miner over the past six weeks.
While BHP’s Australian-listed shares fell 1.6% on Thursday, they were in line with its peers.
Mineral sands miner Sierra Rutile has restarted operations at Area 1 in Sierra Leone, facilitated by a new contract for additional power generation capacity.
The ASX-listed company has entered into an 18-month contract with Himoinsa Southern Africa for the provision of 7 MW of power supply. The contract, valued at about $2.1-million in upfront costs, includes ongoing expenses for equipment and staffing necessary to operate the power generation plant.
London-listed Gem Diamonds has recovered a 212.49 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho.
This is the sixth diamond weighing more than 100 ct to be recovered at the mine this year.
Botswana’s President Mokgweetsi Masisi on Wednesday called synthetic gems a threat to the country’s economic lifeblood, as the government readies to launch a $6-billion project to extend the life of its flagship Jwaneng diamond mine.
The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds, coupled with global macroeconomic volatility.
Glencore will start consulting with shareholders on the future of its coal business as soon as its deal to buy Teck Resources’ mines closes later this year.
Crucially, Glencore said that should the majority of shareholders support keeping its coal mines, the company will not proceed with a vote.
Mining group BHP Group on Wednesday walked away from its $49-billion plan to take over rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit.
BHP’s aim was to secure Anglo’s prized copper assets in Latin America and increase access to a metal central to the global shift towards clean energy and electric vehicles. But the structure of BHP’s deal, which required Anglo to unbundle its South African platinum and iron ore businesses, was a major reason for its collapse.
Botswana is hoping for a quick separation of De Beers from the Anglo American group before the UK-listed diversified mining giant is exposed to a possible hostile takeover, President Mokgweetsi Masisi said on Wednesday.
Botswana, the world’s top diamond producer by value, is finalising a new ten-year gem sales deal agreed last June with De Beers. The two parties had agreed to finalise the deal by June 28 this year, but the proposed takeover of Anglo by the BHP Group BHP.AX has brought uncertainty to the sales agreement.
Diversified miner Anglo American on Wednesday denied BHP’s request for more time to engage on a proposed takeover transaction, stating that its fundamental concerns regarding the $49-billion proposal remain unchanged.
With time running out, BHP now only has until 16:00 GMT to announce a firm intention to make an offer for Anglo, or walk away for six months.
BHP Group on Wednesday asked for more time to try to win over takeover target Anglo American, hours before a deadline for the world’s biggest miner to firm up its $49-billion offer for its smaller rival.
Anglo has rejected three proposals from BHP but last week agreed to a one-week extension to a deadline from Britain’s takeover watchdog for BHP to make a formal offer or walk away.
The measures that green metals and gold mining company Sibanye- Stillwater has taken to address loss-making assets are expected to secure yearly savings and capital expenditure deferrals of R6.6-billion, chairperson Dr Vincent Maphai told the online AGM of the platinum group metals major on Tuesday. The focus of the Johannesburg- and New York-listed Sibanye-Stillwater is on strategic essentials, which Maphai highlighted as being a reduction of operating and capital costs as well as the improvement of efficiencies.