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African Iron directors accept Exxaro offer

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African Iron's directors have formally accepted Exxaro's takeover offer, says the company.

ArcelorMittal SA primed for promotion

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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

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De Beers has announced the appointment of Gareth Mostyn as the company's chief financial officer.

Glencore sees first executive exit post-IPO

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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.

Anglo American releases Mitsubishi contract

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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.

Amplats, Anglo fall on trading update

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ANGLO American Platinum’s shares have nosedived and dragged down parent Anglo American, following a worse-than-expected trading statement.

India nearly doubles gold import duty

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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.

Implats’ Brown resigns, offers Zim help

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David Brown, CEO of Impala Platinum, calls it a day after 14 years on the platinum firm's board, but promises to assist with the firm's Zimbabwe affairs if asked.

BHP sees no sign of China slowdown

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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.

Shanduka prepares to widen its reach

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Negative sentiment towards SA has kept the valuation of good mining assets in check, says Shanduka Resources.