Newcrest shakes up executive team
Newcrest Mining has replaced its CEO and chairman after the company wrote down $5.9bn.
NUM declares dispute with SA gold firms
Attempts to reach a wage deal in South Africa's gold sector failed today after unions rejected a repackaging of the final offer submitted on July 30.
Iron ore prices weaken to 2012 levels
The price of iron ore fell for the fourth successive week to nearly $100/t amid a supply glut that would continue into 2015, analysts said.
ANC ditches ISMO, leaves Eskom intact
The African National Congress has abandoned the Independent System Market Operator Bill that would have profoundly restructured SA's electricity market.
Labour Appeal Court rejects AMCU gold strike bid
SOUTH Africa's Labour Appeal Court has dismissed an application by the Association of Mineworkers and Construction Union (AMCU) to appeal an interdict preventing a...
Metorex raises Q3 copper output
Diversified mining group Metorex reported a 13% increase in September quarter copper production.
Olympic Dam disruption to help copper surplus
The forecast surplus in copper supply this year may not be as bad as feared following production disruptions at BHP Billiton's Olympic Dam.
Agarwal a passive investor in Anglo, doesn’t want board seat
ANIL Agarwal, chairman of Vedanta, was not interested in being an activist shareholder in Anglo American, nor in becoming its chairman by replacing the...
Trafigura to shut flagship hedge fund
Commodities trader, Trafigura, is to close its flagshp Galena Metals Fund owing to the continued slump in metal prices.