Home News Markets Page 301

Markets

Sanlam objects to ArcelorMittal deal

0
Sanlam has criticised the lack of transparency in the planned deal to offer a 26% stake in AcerlorMittal South Africa to black investors.

DMR squanders chance to transform mining sector

0
The Department of Mineral Resources has squandered a massive opportunity to transform the mining sector, KIO Advisory Services founder Duma Gqubule said.

Mines agree to govt plan on acid drainage

0
Government's proposed public-private partnership for environmental conservation has in principle been accepted by the mining sector to address acid mine drainage.

SA ferrochrome output to double

0
South Africa's production of ferrochrome, a steel-making ingredient, is forecast to more than double by 2015.

Metmar to benefit from investment sale

0
Metmar, the commodity trader, said first half earnings would be up to 27% higher after selling an investment.

Aus firm makes Moz discovery

0
An Australian mining company says it has discovered deposits in Mozambique of rare minerals with a variety of industrial uses.

SA economic policy wrong-headed

0
South Africa had prioritised social transformation ahead of economic growth, the reverse of the model that had worked so well for China, an Xstrata executive said in Johannesburg.

BHP and Potash Corp battle heats up

0
Resources giant BHP Billiton plans to later this week file a motion to have Potash Corporation of Saskatchewan's lawsuit dismissed as the proposed hostile bid heats up.

Malema flies in mining giant’s chopper

0
Julius Malema flew in a chopper leased to him by Exxaro Resources ahead of the ANC's national general council where he intensified his calls for nationalisation of the country's mines.

Northam, Kumba under strike siege

0
As a strike at Northam enters its fourth week, 6 000 workers at Kumba Iron Ore also plan industrial action.