Glencore pushes ahead with $10bn IPO
Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.
Deadline moved for online mines system
The department of mineral resources has been given two more weeks to test a new online system for prospecting and mineral rights says the mineral resources minister.
Miners tumble as Harare turns up heat
Platinum stocks took a hit as the Zimbabwean government gave miners six months to sell a majority stake in their firms.
Mugabe comments hit platinum miners
Shares in platinum miners with operations in Zimbabwe plunged after President Robert Mugabe said he would press on with plans to sell 51% of foreign firms to locals.
Zimbabwe gets heavy on indigenisation
The publication of a timetable for Zimbabwean mining indigenisation has put the cat among the platinum pigeons, with Impala and Aquarius investors running for cover.
Grow iron ore exports, not steel
Kumba Iron Ore reckons South Africa's iron ore business has a far more attractive future than the country's steel sector and government intervention needs to be "carefully evaluated".
‘Lower steel prices won’t up SA output’
A consultant for Kumba says lower steel prices will have no significant effect on manufacturing in SA, refuting claims by the trade and industry department.
Wesizwe to probe Ngculu bonanza
Wesizwe Platinum is to probe whether prominent ANC politician James Ngculu should benefit from an empowerment trust.
Vale CEO’s ‘days are numbered’
Vale's CEO Roger Agnelli says he is not involved in choosing who runs the Brazilian mining company, while local media reports that the company's shareholders have already agreed he will leave.
Simmers takeover goes ahead
Former Harmony CEO Bernard Swanepoel is firmly back into mainstream mining following overwhelming shareholder approval for the reverse takeover of Simmers by Village Main Reef.