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Namibia’s rights plan for future finds only

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Namibia's plan to hand mining and exploration rights to a state-owned firm will only be applied to future mineral discoveries, according to a news report.

Rio Tinto cautious over volatility

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Rio Tinto expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, says its chairperson.

IPO gives Glencore $60bn price tag

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Commodities trading house Glencore has priced its long-awaited public offering at between 480 and 580 pence per share, valuing the company at $60bn at the mid-point of the price range.

Glencore seeks to raise up to $12.6bn

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Glencore International has set the price range for its London and Hong Kong IPO, seeking to raise as much as $12.6bn including an overallotment option, according to three sources.

Glencore targets $11bn, draws key investors

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UPDATED: Glencore has kept a lid on its aspirations for a much-hyped market debut, targeting proceeds of $11bn after securing record commitments from investors led by Abu Dhabi.

Glencore prospectus set to reveal CEO billions

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Glencore is to make known how much CEO Ivan Glasenberg, probably South Africa's richest person, and other top managers stand to gain from one of Europe's largest market debuts.

Num, Implats set for showdown over wages

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The National Union of Mineworkers is demanding a 14% pay rise for its members at Impala Platinum, more than triple the official inflation rate.

Gordhan bets on mining for job creation

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Mining and agriculture have the potential of creating many jobs, says Finance Minister Pravin Gordhan.

Mines department toothless, says union

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The National Union of Mineworkers says it has "serious concerns" about the department of mineral resources' ability to regulate the mining industry.

Mineworkers to down tools over safety

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THE National Union of Mineworkers will hold a one-day protest over safety in the North-West this weekend, followed by a national day-long strike later this year.