Home News Markets Page 308

Markets

Australian miners score tax concession

0
Australia's biggest mining groups may have won a long-running battle against Prime Minister Julia Gillard after a tax panel recommended the government pick up future state royalty payments under its tax reform package.

Anglo plots De Beers takeover – report

0
Anglo American is considering a plan to take control of De Beers, according to a newspaper report.

A rare return for Rareco

0
Shareholders in Rareco, a junior mining company written off by the market after being suspended on the JSE in 2002, have received an unexpected Christmas gift.

Acid water containment measures mooted

0
A team of experts has prepared a report for the cabinet with recommendations on how to contain the problem of acid mine water.

BHP, unions settle Hillside labour dispute

0
BHP Billiton Aluminium has reached a salary agreement with workers to end a strike at its Richards Bay unit, says the company.

Oppenheimers sell part of Anglo stake

0
The Oppenheimer family has sold almost 8% of its shareholding in Anglo American for R691m.

Sacci to tackle acid mine drainage

0
The SA Chamber of Commerce and Industry has established a working group on acid mine drainage and other water issues, according to a report.

Hillside strike continues

0
About a third of workers at BHP Billiton's Hillside aluminium smelter in Richards Bay are involved in an ongoing strike, says the company.

Xstrata shrugs off Australia tax threat

0
Xstrata is confident disagreement over future exposure to a proposed mining tax in Australia will not jeopardise around $3bn in new coal mine investments, says a senior company executive.

Xstrata seeks new chair

0
Xstrata is considering replacing chairperson Willy Strothotte, reports Sky News.