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.
SA improves its ranking in Fraser survey
SA has improved its rating in the authoritative survey prepared by Canada’s Fraser
Institute, even though fears over policy changes and labour militancy have escalated.
DMR approves Petmin’s sale of SamQuarz
Petmin says it has received permission from the Department of Mineral Resources for the sale of the SamQuarz silica mine to Thaba Chueu.
Carbon tax from 2013
Government is looking to introduce a carbon tax next year to reduce harmful greenhouse gas emissions.
Infrastructure key in Gordhan’s budget
Finance Minister Pravin Gordhan has given Mintek and the Council for Geoscience a
welcome shot in the arm, but the main theme of the budget was continued spending
on infrastructure.
Xstrata sponsors UP engineering faculty
Xstrata is investing R19.5m in the training of engineers at the University of Pretoria, says the company.
Beneficiation: All talk, no action
Mines Minister Susan Shabangu is under pressure to ensure her beneficiation policy
not only silences calls to nationalise mines, but also works in favour of securing
President Jacob Zuma a second term.
Lafarge-Anglo JV ‘threatens competition’
A JV between Anglo American and cement maker Lafarge will damage competition in the British market for construction materials, says the Competition Commission.
Anglo to assess Amplats restructuring
UPDATED: Anglo American CEO, Cynthia Carroll, has lost patience with declining
returns from its listed platinum business, Amplats, and is now considering its "optimal
configuration".
Village promises First Uranium dividend
Village Main Reef says it will pay a special dividend to shareholders if its exposure to
First Uranium gets crystallised into cash. Shareholders may also score from the likely
sale of Cons Murch.