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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.

State to appeal mining rights ruling

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The state will appeal a judgment by the North Gauteng High Court that the holder of an expropriated older order mineral right has to be compensated.

Miners fear Namibia’s rights proposal

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Plans by the Namibian government for legislation that will assign almost all mining and exploration rights to a state-owned company will hurt the vital sector, say industry officials.

Landmark rights ruling to hit state coffers

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The North Gauteng High Court has ruled that the holder of an old order mineral right is entitled to compensation, paving the way to millions of rands in claims against the state.

BHP keen on liquefied natural gas market

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BHP Billiton will be interested in becoming a liquefied natural gas operator in the long term, says CEO Marius Kloppers, amid speculation the top global miner is eyeing Woodside Petroleum.