Glencore sweetens Xstrata ‘takeover’ proposal
Glencore surprised the market issuing improved terms for its combination with Xstrata but could term the proposal a takeover with its CEO, Ivan Glasenberg taking the reins of the combined unit.
Govt seeks to abate investor concerns
The Government says it is looking to reassure investors and telling them they don't need to be concerned over further unrest in the wake of the massacre at Lonmin's Marikana mine.
Chamber’s Frans Barker dies after illness
Frans Barker, Chief Operating Officer of the Chamber of Mines, has died after a short illness.
ARM on the prowl for new targets
Acquisition targets may come aplenty as commodity markets are taking strain, according to African Rainbow Minerals, saying value has once again returned to the market.
Acid drainage costs surge to R2.2bn
THE cost of dealing with acid mine drainage in the Witwatersrand has escalated
to R2.2bn, says Minister of Water and Environmental Affairs, Edna Molewa.
Zimbabwe courts investors Down Under
A Zimbabwean government official has told an Australian audience his country
is a promising mining investment destination in need of partners and
capitalisation.
Shabangu carries on beating SA’s drum
South Africa’s mining industry is still open and ready for business, Minister of
Mineral Resources Susan Shabangu tells an Australian audience.
Sibiya defends mineworkers’ pay levels
Chamber of Mines CEO Bheki Sibiya says the wages that the body’s members
pay their employees compare favourably to that of other industries. He has also
called for an economic Codesa.
NUM “doing good business’ in mining sector
The National Union of Mineworkers’ investment vehicles are not afraid to do
business with mining companies.
CoM, DMR seek centralised negotiation forums
THE Chamber of Mines, together with the ministries of labour and mineral
resources, are actively seeking a centralised negotiation forum for the platinum
and gold industry.