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.
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.
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.
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.
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.
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.