Glasenberg’s rebuffs calls to lift Xstrata bid
Glencore's Ivan Glasenberg said he hoped people would review the numbers and see
his firm's $36.3bn bid for Xstrata truly represented a merger of equals.
Exxaro forms IPP with India’s Tata Power
Exxaro Resources has taken its first steps in developing an energy division by
forming a joint venture to establish an independent power producer with
India’s Tata Power.
Mandela, Zuma to face criminal charges
Aurora’s Zondwa Mandela is to be served with papers that he defrauded the
JSE, says the Joint Provisional Liquidators of Pamodzi, who added Khulubuse
Zuma would also be in the firing line.
Gold One offers $70m for First Uranium’s Ezulwini
Gold One gives further signal it wants uranium as well as gold exposure after
concluding its second uranium deal in the last 12 months.
AngloGold in $335m First Uranium swoop
AngloGold Ashanti's offer, if approved, will take gold production some 80,000
oz/year higher in the short term, and uranium output to 4.5 million pounds
annually.
Tsvangirai condemns Zim indigenisation
Zimbabweans didn't have the resources to buy the equity on offer in terms of that
country's indigenisation strategy, said prime minister Morgan Tsvangirai.
First Quantum’s Kansanshi grinds to halt
Operations at First Quantum Minerals' Kansanshi, a copper mine in Zambia, have
been halted as labour demands 17% higher wages.
Mozambique rejects Rio barging plan
Plans by Rio Tinto to barge coking coal mined from its Riversdale operation down
Mozambique's Zambezi river have been scotched by the country's government.
SA Govt adopting subtle pro-business stance
Behind the massive infrastructure drive that was recently announced in South
Africa is an evolving strategy that going pro-business is the only way to create
jobs.
Implats lost revenue escalates to R2.5bn
Impala Platinum said some 120,000 oz in production had been lost following a
crippling strike equal to R2.4bn in lost revenue.