‘Lower steel prices won’t up SA output’
A consultant for Kumba says lower steel prices will have no significant effect on manufacturing in SA, refuting claims by the trade and industry department.
Glencore pushes ahead with $10bn IPO
Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.
Deadline moved for online mines system
The department of mineral resources has been given two more weeks to test a new online system for prospecting and mineral rights says the mineral resources minister.
Grow iron ore exports, not steel
Kumba Iron Ore reckons South Africa's iron ore business has a far more attractive future than the country's steel sector and government intervention needs to be "carefully evaluated".
Copper falls on China demand concerns
Copper prices pared back gains, pressured by fresh worries about near-term Chinese demand for industrial raw materials.
Wesizwe to probe Ngculu bonanza
Wesizwe Platinum is to probe whether prominent ANC politician James Ngculu should benefit from an empowerment trust.
Vale CEO’s ‘days are numbered’
Vale's CEO Roger Agnelli says he is not involved in choosing who runs the Brazilian mining company, while local media reports that the company's shareholders have already agreed he will leave.
BHP in iron ore and coal deals
BHP Billiton has approved $9.5bn of capital investments to expand Australian iron ore and coal mining projects.
Van Kerrebroeck tried to ‘con’ way out of jail
Alleged company hijacker Dennis Van Kerrebroeck may face more charges, as details emerge on how he allegedly tried to swindle his way out of custody.
Simmers takeover goes ahead
Former Harmony CEO Bernard Swanepoel is firmly back into mainstream mining following overwhelming shareholder approval for the reverse takeover of Simmers by Village Main Reef.