Glencore buys into Optimum Coal
Optimum Coal says that a unit of Glencore International, the world's largest commodity trader, has bought a 14.1% stake in it.
ANC Youth League braces for leader’s trial
The ANC Youth League is planning to support its leader Julius Malema, who has galvanised legions of poor black supporters, at a disciplinary hearing this week that may lead to his suspension.
Malema’s demise will change mining debate
The nationalisation debate will probably head into a new direction when the dust settles over the disciplinary hearing of ANC Youth League President Julius Malema.
Illegal miner dies at Grootvlei
A man has died while he was mining illegally in Springs, east of Johannesburg, says Gauteng police.
Shabangu to give charter verdict soon
Mines minister Susan Shabangu will soon give her assessment of industry progress in reaching the objectives of the Mining Charter.
Optimum Coal confirms bid interest
Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties.
Nationalisation not a cure-all for SA’s ills
Cosatu has cleared the air about its stance on nationalisation considerably by giving its full support to the views of the National Union of Mineworkers.
Optimum Coal shares climb as Glencore circles
Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.
Eskom’s ‘overcooked’ tariffs slated
A body representing the largest consumers of electricity says Eskom's inflated tariffs will negatively affect the economy.
Glencore sees opportunities in volatility
Commodities trader Glencore has posted a 50% rise in first-half profit and says it sees potential opportunities emerging from the current market turbulence.