Commodities outlook strong, says Glencore
Commodities fundamentals remain strong as buoyant demand from emerging markets strains tightening supplies, says Glencore CEO Ivan Glasenberg.
Glencore makes lacklustre Hong Kong debut
Shares in commodities giant Glencore have opened 2.8% lower in their Hong Kong trading debut, following a tepid launch in London for the year's biggest IPO.
India pledges $5bn in African charm offensive
India has stepped up its push to deepen its economic ties with Africa and emerge from the shadow of rival China by offering $5bn in new credit lines to the continent.
Food, fuel to stoke wage talks
Mining companies are again likely to settle for wages above the main rate of inflation as they tackle union demands given impetus by accelerating food and fuel prices.
Miners union seeks 14% wage increase
The National Union of Mineworkers says it wants a 14% rise in salaries from SA's gold and coal miners in upcoming wage talks.
Chamber dismisses beneficiation plan
Minerals are beneficiated close to export markets, not in their country of origin, says new Chamber of Mines president Xolani Mkhwanazi.
New Vale CEO sets out priorities
The incoming CEO of Vale has promised to maintain the company's booming growth while improving the frayed ties with Brazil's government leaders that forced the ouster of his predecessor.
China tightens rare earths grip
China has further strengthened its hold on the rare earths market, raising taxes on the minerals and banning new projects to produce the metals via separation.
Glencore confirms IPO price
Commodity trader Glencore has confirmed the price of its bumper $11bn market debut at 530 pence, a level it hopes will secure a strong performance on debut.
Namibia to hit miners with windfall tax
The Namibian government is looking to introduce a minerals windfall tax.