Home News Markets Page 177

Markets

Exxaro may distribute $850m stake in Tronox to shareholders

0
EXXARO Resources is to exit its 43.66% stake in Tronox, a titanium dioxide and alkali chemicals business, in order to focus on its core...

Anglo prepares for SA disposals transferring Amplats, De Beers

0
ANGLO American continues to lay the groundwork for the disposal of its South African iron ore and export coal assets despite comments last month...

Capture of DMR all but complete, says shadow mines minister

0
THE capture of South Africa's Department of Mineral Resources (DMR) by vested interests was imminent. This was the import of a statement issued by James...

Zwane DG appointment pulls rug from under CoM, again

0
SOUTH Africa's Department of Mineral Resources (DMR) gave further evidence it was increasingly taking a unilateral approach to regulating the industry as it unveiled...

Chamber of Mines may challenge March gazette of mining charter

0
SOUTH Africa's Chamber of Mines will turn to the courts again should the Department of Mineral Resources (DMR) record the current draft of the...

Glencore “never so well positioned” as profit returns: Glasenberg

0
GLENCORE CEO, Ivan Glasenberg, declared the UK-listed group has "never been so well positioned" as it was today following publication of its full-year figures...

Glencore recovery, bolt-on growth yet to fully reflect in share

0
SHARES in Glencore have responded strongly in the last 12 months, but analysts believe the company has still some way to go because the...

Cutifani mum on G-word but growth in copper on Anglo’s list

0
ANGLO American CEO, Mark Cutifani, may consider copper asset expansions or even acquisitions once net debt is further reined-in, and the firm achieves another...

Anglo to hold Kumba as Cutifani ends disposals plan

0
ANGLO American ended its strategy of cutting net debt through asset disposals saying instead it would operate twice as many assets as targeted a...

Anglo may seek SA Govt. concessions ahead of demerger

0
ANGLO American may seek concessions from the South African government so that it would be easier to mobilise the cash generated from its assets...