Glencore unfazed over commodities falls
Glencore International CEO Ivan Glasenberg says recent falls in commodity prices were due to "froth" in the market and that demand for the company's IPO remains strong.
James Campbell takes over at Rockwell
African Diamonds ex-MD James Campbell has been appointed the new CEO of Rockwell Diamonds, where he will immediately have to convince investors to plough more money into the company.
Namibia blasts Glencore over fuel deal
A contract between Glencore and Namibia’s petroleum parastatal Namcor has masked the Swiss company’s aim to take over the country’s oil industry, reports The Namibian.
Vavi hits out at Zuma’s nephew
Cosatu head Zwelinzima Vavi has severely criticised President Jacob Zuma's nephew Khulubuse Zuma, co-owner of Aurora Mines, for donating election money to the ANC instead of paying his workers.
Amsa to secure own iron ore mine
UPDATED - ArcelorMittal SA raised the prospect of restarting its own mining division saying it was in negotiations to develop an iron ore mine.
AngloGold Ashanti dives into Eritrea
AngloGold Ashanti reckons Eritrea may turn out to be another Colombia for the group in terms of successful gold exploration.
R4.2bn manganese smelter to boost Coega
The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.
Namibia gives clarity on mine permits
Namibia's mines minister has confirmed that a policy to grant future mining rights to a state-owned firm will not impact existing mining and exploration licences.
Amsa reports sharp profit drop
ArcelorMittal South Africa has reported a sharp drop in first-quarter profit, but says it expects improvement in the next three months.
Hedge-free AngloGold sees cash coming in
AngloGold Ashanti is starting to benefit from the closure of its hedge book, while its production figures have stayed intact despite torrential rainfall.