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.
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.
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.
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.
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.
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.
Glencore given March deadline for Xstrata bid
UPDATED: Glencore International has until March 1 to make a move for global miner
Xstrata in a deal that may create a merged major valued around £50bn.
Shabangu: Constitution guides mines debate
Susan Shabangu, Mineral Resources Minister, confirmed a date with the ANC's National
Executive Committee today which is said to discuss a report rejecting nationalisation
of the mines industry.
Juniors hold key to Eskom coal deficit
Eskom's Dan Marokane said domestic coal supply from 2018 remained an urgent
issue, but that consolidation in South Africa's junior mining sector could help bridge
the deficit.
Implats starts to dismiss ‘no shows’
Workers who did not report for duty at Impala Platinum Holdings Rustenburg mine on Wednesday will be dismissed, says the company.