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.
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.
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.
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 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.
Gordhan bets on mining for job creation
Mining and agriculture have the potential of creating many jobs, says Finance Minister Pravin Gordhan.
Amsa leaves steel prices unchanged
ArcelorMittal SA says it will leave prices for its products flat this month, but raise some of them in June.
Mines department toothless, says union
The National Union of Mineworkers says it has "serious concerns" about the department of mineral resources' ability to regulate the mining industry.