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Anglo, Codelco trade more blows over Sur

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Codelco has described the deal between Anglo American and Japan’s Mitsubishi over Anglo American Sur as "illegal,' following the release of the sales contract.

African Iron directors accept Exxaro offer

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African Iron's directors have formally accepted Exxaro's takeover offer, says the company.

De Beers appoints new CFO

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De Beers has announced the appointment of Gareth Mostyn as the company's chief financial officer.

Anglo American releases Mitsubishi contract

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Anglo American has released four documents relating to the sale of shares in Anglo American Sur to Mitsubishi, denying the contract contains any means to change the deal.

Amplats, Anglo fall on trading update

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ANGLO American Platinum’s shares have nosedived and dragged down parent Anglo American, following a worse-than-expected trading statement.

Glencore sees first executive exit post-IPO

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Glencore is set to lose one of its most senior executives, the first exit since its high-profile public offering last year, as part of a reorganisation of its upper echelons.

India nearly doubles gold import duty

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India has hiked its gold import duty by 90% and doubled the tax on silver as the world's biggest consumer of bullion seeks to increase revenues, sending futures prices higher.

Poll, indigenisation weigh on Zimbabwe miners

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Regulatory uncertainty will continue to weigh heavily on investor sentiment in Zimbabwe this year, amid the advancement of indigenisation and looming elections.

Barclays sees copper prices averaging $9,000

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Barclays Capital expects copper prices to rise by around 10% from current levels, while gold prices are projected to climb above $2,000 an ounce by the third quarter.

Implats’ Brown resigns, offers Zim help

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David Brown, CEO of Impala Platinum, calls it a day after 14 years on the platinum firm's board, but promises to assist with the firm's Zimbabwe affairs if asked.