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Rio Tinto cautious over volatility

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Rio Tinto expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, says its chairperson.

Glencore seeks to raise up to $12.6bn

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Glencore International has set the price range for its London and Hong Kong IPO, seeking to raise as much as $12.6bn including an overallotment option, according to three sources.

Merafe posts output increase

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Merafe Resources says first-quarter production rose 3.8%, but says the company will operate at a lower rate during June to August.

Glencore targets $11bn, draws key investors

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UPDATED: Glencore has kept a lid on its aspirations for a much-hyped market debut, targeting proceeds of $11bn after securing record commitments from investors led by Abu Dhabi.

Glencore prospectus set to reveal CEO billions

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Glencore is to make known how much CEO Ivan Glasenberg, probably South Africa's richest person, and other top managers stand to gain from one of Europe's largest market debuts.

Optimum buys rights to bulk-up Koornfontein

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Optimum Coal says it has bought two prospecting rights in close proximity to its Koornfontein operations, envisaged to extend Koornfontein’s lifespan by 12 years.

Num, Implats set for showdown over wages

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The National Union of Mineworkers is demanding a 14% pay rise for its members at Impala Platinum, more than triple the official inflation rate.

IPO gives Glencore $60bn price tag

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Commodities trading house Glencore has priced its long-awaited public offering at between 480 and 580 pence per share, valuing the company at $60bn at the mid-point of the price range.

Aquarius finally snares Booysendal

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It has taken years, but Aquarius Platinum CEO Stuart Murray has pulled off the deal he had predicted would eventually take place over the Booysendal South platinum deposit.

Amsa leaves steel prices unchanged

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ArcelorMittal SA says it will leave prices for its products flat this month, but raise some of them in June.