Home News Markets

Markets

Glasenberg detects flickers in market after chastening year

IVAN Glasenberg, CEO of Glencore, made the interesting admission in question time following the group’s full-year results presentation that perhaps the Swiss-based group was...

Mining Lekgotla planned for June

Roleplayers in the mining industry, labour and government have announced the staging of a Mining Lekgotla to put their heads together on the sector’s future challenges.

Tata lifts lid on expansion plans

Industrial conglomerate Tata Group will invest up to $27bn in the Indian market over the next five years and more than double its revenue to $150bn, says a top official.

Eskom gives short shrift to Exxaro’s Arnot proposal

Eskom has rejected an offer from Exxaro Resources to restructure coal mining at Arnot in South Africa's Mpumalanga province saying it would not make...

Village bags R413m, special dividend likely

As suggested before, Village Main would most likely pay out a special dividend from the First Uranium asset sales that net R413m for Bernard Swanepoel’s company.

Malema frog-marched as settlement hopes grow

Julius Malema is frog-marched from Marikana where he hoped to address about 2,000 striking Lonmin workers on a day when the prospect of a wage settlement flickered encouragingly.

South Africa’s Transnet wins court approval to stop ports strike

STRIKE action at some of South Africa's ports with potential to disrupt coal exports was narrowly avoided on May 29 after Transnet won a...

NAMF in crisis talks to save $120m fund

The New Africa Mining Fund is in talks that could result in a restructure of its second $120m venture capital fund.

Mugabe’s health steers Zimbabwe destiny

President Robert Mugabe's failing health has likely forced his Zanu-PF party to press for early elections in Zimbabwe, but it has not so far loosened his grip on power.

Constitutional Court gives green light to Aquila manganese licence ending 12...

THE way has been cleared for Aquila Steel South Africa (Aquila) to mine a manganese deposit in the Northern Cape province some 12 years...