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Glencore to axe debt $10.2bn, cuts dividends

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Glencore to cut its next two dividends and issue equity in an effort to cut cash out by $10bn and lower net debt to the low $20s bn to protect its credit rating.

Glencore to relent on divvy if market lifts

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Glencore said it would not hesitate to restore dividends if the market Doomsday scenarios - as feared by some shareholders - failed to materialise.

ARM cuts capex R500m, defers Modikwa project

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African Rainbow Minerals is the latest of the world's mining companies to take the knife to its capital spend programme.

BHP Billiton bucks the trend

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BHP Billiton has increased its total dividend with CEO Andrew Mackenzie pointing out cyclical volatility is to be expected in the commodities business

Roger Kebble’s death marks the end of an era

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Those who knew Roger Kebble agree he was the "real deal" as a hard core gold miner but opinion is split over his involvement in son Brett's shenanigans.

DMR, CoM seek out of court charter settlement

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The Department of Mineral Resources and the Chamber of Mines of South Africa will discuss contentious interpretation of the mining charter out of the courts.

Anglo switch an emblem of industry in reverse

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While Anglo American's UK relocation is just an head office move, it represents how sharply the world's commodity markets, and China, have changed since 1999.

Ramatlhodi implores sector to save jobs

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Mines minister, Ngoako Ramatlhodi, said at a two-day emergency meeting that he would implore the mining sector to find new ways of limiting retrenchments.

New Mining Charter in 2016, sanctions raised

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The SA government would have a new charter ready by March 2016 and would lift sanctions for non-compliance to 10% of income from current R500,000 charter.

BEE partners should be allowed to fail: Cutifani

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Mark Cutifani, CEO of Anglo American, said black-owned mining partners should be allowed to fail instead of having companies such as his prop them up.