Xstrata’s Davis defends ‘cheap’ Glencore deal
The terms of Xstrata’s proposed merger with Glencore are the best within the "realm
of the possible", says CEO Mick Davis.
Glencore, Xstrata agree $90bn merger
Glencore and Xstrata have agreed an all-share merger worth $90bn in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.
Amsa reports FY loss, but sees better Q1
ArcelorMittal has reported a full-year headline loss, hit by higher raw material costs and weaker sales, but says it expects a better first quarter.
Gold not a reliable inflation hedge – study
Gold prices have been too volatile to play a reliable role as a hedge against inflation, shows a study of financial assets over the past 112 years.
CoAL sells 26pc of Chapudi project
Coal of Africa has sold a stake in its Chapudi thermal and coking coal project it is
buying from Rio Tinto to a black-owned company, Rothe Investment.
Randgold doubles dividend as profit soars
Randgold Resources reported a 259% increase in full-year profit prompting it to
double its dividend.
BHP Billiton mum on Gabon iron ore
BHP Billiton has declined to comment on a statement from the government of Gabon
that it had reached an agreement for the miner to develop a 1 billion tonne iron ore
resource in that country.
DRDGold says closure won’t affect Blyvoor deal
DRDGold said it may shed 1,800 jobs at its struggling Blyvoor operation but believed
it would not negatively affect the sale of the mine to Village Main.
Glencore, Xstrata hammering out final deal
Top executives at trader Glencore and miner Xstrata are hammering out the final details of an $80bn takeover, which could be announced as early as Tuesday.
ANC mines report: the proposals
A highly anticipated ANC report on the state's involvement in mining contains
proposals to fundamentally alter the face of South Africa's industry.