Glasenberg’s rebuffs calls to lift Xstrata bid
Glencore's Ivan Glasenberg said he hoped people would review the numbers and see
his firm's $36.3bn bid for Xstrata truly represented a merger of equals.
Tsvangirai condemns Zim indigenisation
Zimbabweans didn't have the resources to buy the equity on offer in terms of that
country's indigenisation strategy, said prime minister Morgan Tsvangirai.
SA Govt adopting subtle pro-business stance
Behind the massive infrastructure drive that was recently announced in South
Africa is an evolving strategy that going pro-business is the only way to create
jobs.
Coking coal, copper markets ‘tight’: Rio
Rio Tinto says the markets for copper and coking coal would remain 'tight' although
it could not rule out continued volatility.
Malema expelled from ANC
Julius Malema was found to have 'reneged on his membership' oath and was
therefore expelled from the ANC, the ruling party said last night.
CoM lauds Shabangu in rankings success
Bheki Sibiya, CEO of the Chamber of Mines of South Africa, said South Africa's much
improved ranking in the Fraser Institute study into political risk was down to the
efforts of mines minister, Susan Shabangu.
Anglo dismisses Amplats demerger speculation
Anglo American is assessing the entire business chain in platinum production
including recycling, downstream and upstream activities and marketing ... but it will
not sell or demerge Amplats.
Tanzania moves to aid small scale miners
Tanzania's government has allocated just over 100,00 hectares of land to its small
scale mining industry.
ARM, Vale may spend $500m to double Konkola
ARM Executive Chairman, Patrice Motsepe, sounded an expansionary note at
the group’s interim results, with the group’s Konkola copper joint venture
looking to kick on in size.
Regulatory clock starts for Glencore and Xstrata
The regulatory clock starts ticking on commodities trader Glencore's takeover of mining group Xstrata after notifying the European Commission of the proposed $90bn deal.