NUM challenged by Implats member revolt
The unprotected strike paralysing Impala Platinum's flagship mining complex in
Rustenburg represents a rebellion against the National Union of Mineworkers by its
members.
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.
Anglo’s Carroll recovers after operation
Anglo American CEO Cynthia Carroll is recovering well from an operation following a hip injury she suffered during a horse-riding accident last weekend, reports Bloomberg.
Anooraq, Amplats unveil rearranged deal
Anglo American Platinum has made public the long-awaited restructuring of its
investment in empowerment partner, Anooraq Resources, in a radical R5bn plan.
Anglo rallies on takeover, SA policy talks
Anglo American may be in the sights of a combined Xstrata/Glencore entity, analysts
say, although some caution it is too early to predict such a move.
Implats fires 13,000 workers
IMPALA Platinum , the world's second largest platinum producer, said on Thursday it had dismissed 13,000 employees, bringing to 17,200 those sacked since the start of a labour dispute almost two weeks ago.
Glencore said to be near deal with Xstrata
Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at $82.46bn, reports Bloomberg.
ANC mines study rejects assets grab
A study commissioned by the ANC has rejected calls for mine nationalisation and come out in favour of higher taxes and royalties, reports Business Day.
Shabangu: Constitution informs nationalisation debate
Susan Shabangu, mines minister, confirmed a date with the ANC's National
Executive Committee today which is said to inspect a report rejecting nationalization
of the mines industry.