Anglo, Codelco trade more blows over Sur
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
African Iron's directors have formally accepted Exxaro's takeover offer, says the company.
ArcelorMittal SA primed for promotion
Arcelormittal SA has a more-than-even chance of re-admittance to the JSE/FTSE
Africa Index Top 40 when the stock exchange’s worthies pour over re-weightings.
De Beers appoints new CFO
De Beers has announced the appointment of Gareth Mostyn as the company's chief financial officer.
Amplats, Anglo fall on trading update
ANGLO American Platinum’s shares have nosedived and dragged down parent Anglo
American, following a worse-than-expected trading statement.
Anglo American releases Mitsubishi contract
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.
Glencore sees first executive exit post-IPO
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
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.
Barclays sees copper prices averaging $9,000
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.
BHP sees no sign of China slowdown
BHP Billiton forecasts record iron ore production this year as its quarterly output jumps by a fifth, shrugging off predictions that growth in top buyer China will slow.