Commodities outlook strong, says Glencore
Commodities fundamentals remain strong as buoyant demand from emerging markets strains tightening supplies, says Glencore CEO Ivan Glasenberg.
Glencore makes lacklustre Hong Kong debut
Shares in commodities giant Glencore have opened 2.8% lower in their Hong Kong trading debut, following a tepid launch in London for the year's biggest IPO.
BHP faces shale gas lawsuit
BHP Billiton faces class action from US landowners who claim the company's shale gas business is creating a toxic soup, according to a report.
India pledges $5bn in African charm offensive
India has stepped up its push to deepen its economic ties with Africa and emerge from the shadow of rival China by offering $5bn in new credit lines to the continent.
Lonmin’s Karee faces lengthy standstill
Production at Lonmin’s Karee shaft could still be disrupted for several weeks as the company starts to dismiss 9,000 workers involved in an unprotected strike.
Lonmin to fire 9,000 striking workers
About 9,000 workers at Lonmin's Marikana operations in Rustenburg are to be served letters of dismissal, according to Lonmin CEO Ian Farmer.
Food, fuel to stoke wage talks
Mining companies are again likely to settle for wages above the main rate of inflation as they tackle union demands given impetus by accelerating food and fuel prices.
Operations resume at Eastplats mine
Eastern Platinum says operations have resumed at its Crocodile River mine, following labour unrest.
Dismissal scuppers Pamodzi deal, says Motala
The dismissal of two Pamodzi liquidators has jeopardised a possible transaction to rescue the assets, according to one of the pair.
Miners union seeks 14% wage increase
The National Union of Mineworkers says it wants a 14% rise in salaries from SA's gold and coal miners in upcoming wage talks.