Ivan the trader doesn’t dream about building mines
IT'S probably just coincidence and most likely doesn't stand for very much, but I thought it's interesting Glencore's board consists largely of accountants. There...
The day Anglo’s Cutifani proved his detractors wrong
AT one point during Anglo American’s interim results presentation last month, a question posed by the audience called for interaction between three of the...
Glencore thrives amid “best commodity market in six years”
GLENCORE delivered as widely expected for the six months ended June 30 declaring a $500m dividend after hauling in net debt a further $1.6bn...
Chamber lays into Zwane for serving narrow economic interests
SOUTH Africa's Chamber of Mines responded to accusations by mines minister, Mosebenzi Zwane, that it was opposed to economic transformation, claiming the redrafted Mining...
Zwane launches counter-attack saying Charter must be flexible
SOUTH African mines minister, Mosebenzi Zwane, has argued in an answering affidavit submitted to the Pretoria High Court that the Mining Charter was not...
DMR will not implement licence moratorium, according to tweet
SOUTH Africa's Department of Mineral Resources (DMR) said last night it would not pursue a moratorium on new applications for mining and prospecting licences,...
Zwane denies claim DMR pulled trigger on licence moratorium
SOUTH Africa's Department of Mineral Resources (DMR) has implemented a moratorium on the grant of new prospecting and mining licences, according to the Chamber...
Cash flush Glencore weighs dividend surprise, M&A options
ANALYSTS warmed to Glencore's bid for a 49% stake in Hunter Valley Operations (HVO), a coal mine in Australia's New South Wales, and also...
Phiri describes ANC Charter ‘help’ for Zwane as “encouraging”
OUTSPOKEN CEO of Royal Bafokeng Platinum (RBPlat), Steve Phiri, today welcomed comments by the African National Congress (ANC) that the mining sector ought not...
Chamber, NUM round on Zwane fearing 200,000 jobs at risk
UP to 100,000 direct jobs were at risk in South Africa's mining sector owing to a deterioration in regulatory and operating conditions, including decreased...