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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.

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 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.

Gordhan bets on mining for job creation

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Mining and agriculture have the potential of creating many jobs, says Finance Minister Pravin Gordhan.

AngloGold sees steep earnings increase

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AngloGold Ashanti says it expects first-quarter earnings to triple, following the elimination of its hedge book.

Mines department toothless, says union

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The National Union of Mineworkers says it has "serious concerns" about the department of mineral resources' ability to regulate the mining industry.

Mineworkers to down tools over safety

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THE National Union of Mineworkers will hold a one-day protest over safety in the North-West this weekend, followed by a national day-long strike later this year.

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.

Zambia aims to double copper output

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Copper output in Zambia will rise to 2 million tonnes by 2015 from around 900,000 tonnes this year as new mines open and others are expanded, says the country's finance minister.