Home News Markets Page 232

Markets

DRC to up mining project levies: minister

0
The DRC will change its mining code to increase tax rates and raise the government's minimum automatic stake in mining projects, says the country's mines minister.

Glencore snaps up Canada’s Viterra

0
Glencore, the world's largest commodities trader, is buying Canada's leading grain handler, Viterra, in a cash deal valuing it at C$6.1bn.

Nogxina jets off to Mexico

0
Former Director-General at the Department of Mineral Resources, Sandile Nogxina, is leaving South Africa this week to take up his new position as the country’s ambassador in Mexico.

Shabangu argues back over safety closures

0
Mines Minister Susan Shabangu has defended her department’s tough action on mine safety, saying the increase in Section 54 directives issued has had "the desired results'.

Knives out for Zimbabwe’s indigenisation board

0
A Zimbabwean empowerment lobby group has demanded the ouster of executive board members of the National Indigenisation and Economic Empowerment Board.

Zimbabwe orders miners to bank locally – paper

0
Zimbabwe has ordered foreign mining firms to deposit their export earnings with local banks, reports state media.

Carroll’s figures outperform Anglo

0
in 2011, Anglo American CEO Cynthia Carroll saw her own financial fortunes rise considerably; she took home a 38% salary increase and received a sizeable hike in shares.

Watchdog approves Glencore’s Optimum deal

0
SA's competition authorities has conditionally approved Glencore's takeover of Optimum Coal in a deal that values the company at close to $1.3bn.

More to follow Northam’s lead over stoppages

0
The courts will increasingly act as arbiters for disputes over safety-related mine closures, as more mining firms are expected to seek legal recourse against Section 54 stoppages.

More to follow Northam’s lead over stoppages

0
The courts will increasingly act as arbiters for disputes over safety-related mine closures, as more mining firms are expected to seek legal recourse against Section 54 stoppages.