Glencore to close IPO book early
Glencore will close the books for its planned $11bn initial public offering on May 17, a day ahead of the original schedule, underscoring strong demand for the offer.
Glencore unfazed over commodities falls
Glencore International CEO Ivan Glasenberg says recent falls in commodity prices were due to "froth" in the market and that demand for the company's IPO remains strong.
Vavi hits out at Zuma’s nephew
Cosatu head Zwelinzima Vavi has severely criticised President Jacob Zuma's nephew Khulubuse Zuma, co-owner of Aurora Mines, for donating election money to the ANC instead of paying his workers.
Namibia gives clarity on mine permits
Namibia's mines minister has confirmed that a policy to grant future mining rights to a state-owned firm will not impact existing mining and exploration licences.
BHP wary of fragile economy
BHP Billiton sees the global economy remaining fragile in the near term and economic growth possibly slowing in the medium term, says its chairperson Jacques Nasser.
Health claims may ‘wipe out’ miners
The risk of a litany of silicosis claims against the mining industry is a serious threat which could cripple the sector, say analysts at RBC Capital Markets.
Bloody, but unbowed bulls to charge again
The brutal selloff in commodity markets had no obvious trigger, and by the same token, there is no obvious reason why prices will not recover in the next few weeks or months.
Silver bounces from record fall, gold up
Silver has rebounded from its biggest one-day dollar fall since 1980, while gold also recovered as cheaper prices lured in Asian investors.
Panic selling hits commodities
Investors are scrambling for cover as silver heads for its biggest weekly loss since at least 1983 and oil falls below $100 a barrel.
Malema: Stop mineral exports
The government must stop exporting raw minerals to encourage the establishment of industries to process them locally, ANC Youth League leader Julius Malema says.