Home News Page 1190

News

Glencore seeks to raise up to $12.6bn

0
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.

Aquarius finally snares Booysendal

0
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.

Gordhan bets on mining for job creation

0
Mining and agriculture have the potential of creating many jobs, says Finance Minister Pravin Gordhan.

Amsa leaves steel prices unchanged

0
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

0
The National Union of Mineworkers says it has "serious concerns" about the department of mineral resources' ability to regulate the mining industry.

AngloGold sees steep earnings increase

0
AngloGold Ashanti says it expects first-quarter earnings to triple, following the elimination of its hedge book.

Mineworkers to down tools over safety

0
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.

Zambia aims to double copper output

0
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.

State to appeal mining rights ruling

0
The state will appeal a judgment by the North Gauteng High Court that the holder of an expropriated older order mineral right has to be compensated.

Rio seeks to delist Riversdale

0
Rio Tinto proposes to delist Riversdale Mining after gaining control of more than 73% of the firm.