Namibia’s rights plan for future finds only
Namibia's plan to hand mining and exploration rights to a state-owned firm will only be applied to future mineral discoveries, according to a news report.
Num, Implats set for showdown over wages
The National Union of Mineworkers is demanding a 14% pay rise for its members at Impala Platinum, more than triple the official inflation rate.
Aquarius finally snares Booysendal
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.
IPO gives Glencore $60bn price tag
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.
Glencore seeks to raise up to $12.6bn
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
Merafe Resources says first-quarter production rose 3.8%, but says the company will operate at a lower rate during June to August.
Optimum buys rights to bulk-up Koornfontein
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.
Glencore targets $11bn, draws key investors
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
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.
AngloGold sees steep earnings increase
AngloGold Ashanti says it expects first-quarter earnings to triple, following the elimination of its hedge book.