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ANCYL scoffs at ‘independent’ research

The ANC Youth League says it is not interested in independent views on the nationalisation of mines.

ANC talks tough on mines research

All structures within the ANC must stop casting aspersions before real research work on the nationalisation of mines begins, spokesperson Brian Sokutu said on Wednesday.

BHP looks at emerging markets for growth

BHP Billiton chair Jac Nasser says that while the US, Europe and other mature markets remain significant contributors to commodity demand, it is emerging markets that are the key drivers of growth.

BHP not giving up on deals, has no regrets

BHP Billiton has not given up on large acquisitions and does not regret spending $875m pursuing three massive deals that failed over the past two years, says its chairperson.

BHP kills Potash bid, revives buyback

BHP Billiton has scrapped its $39bn bid for Potash Corp, and says it will return $4.2bn to investors through a share buyback.

Shabangu exposes mine audit subversion

UPDATED: Mineral Resources Minister Susan Shabangu has cited bribery and intimidation as some of the challenges her department faced in the audit of mining and prospecting licences.

Nationalisation study gets underway

The ruling ANC will appoint two independent researchers to investigate the nationalisation of mines, says secretary general Gwede Mantashe.

Anglo sells Scaw assets

Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.

John Block mined with forged licence

Controversial ANC Northern Cape chairperson John Block is a director of a company that for years has mined salt in the Kalahari with a fraudulent mining licence, court records show.

BHP to face buyback pressure as Potash bid fades

BHP Billiton's boss is likely to face calls for a massive share buyback when he confronts shareholders in Australia after his third straight failure to pull off a major acquisition.