Glencore mulls $10bn IPO – report
Trading and mining company Glencore International is considering an IPO that may raise about $10bn next year, reports Bloomberg.
Pink diamond sale shows market strength
A rare pink diamond fetching $45.75m has virtually doubled the previous record to become the most expensive stone ever sold at auction.
NUM: Black elite behind nationalisation
SA's biggest union, the National Union of Mineworkers, says the BEE elite may be funding the ANC Youth League to push the nationalisation agenda.
Union attacks mines body over deaths
The Chamber of Mines is lying if it claims there has been an improvement on safety in mine, says the National Union of Mineworkers.
ANCYL scoffs at ‘independent’ research
The ANC Youth League says it is not interested in independent views on the nationalisation of mines.
IRP2 sinks major power project
An Australian firm has abandoned plans to develop a 1,000MW coal-fired power station for SA, saying the draft Integrated Resource Plan will make the project unsustainable.
ANC talks tough on mines research
All structures within the ANC must stop casting aspersions before real research work on the nationalisation of mines begins, spokesperson Brian Sokutu said on Wednesday.
Oliphant: SA’s coal reserves declining
The quality and quantity of SA's coal reserves are steadily declining and mining the commodity is becoming harder, says the new deputy minister for mineral resources.
Soros: conditions ‘pretty perfect’ for gold
Billionaire investor and philanthropist George Soros says gold still has some kick to it, as long as conditions like low interest rates prevail.
Zimplats a boon to Impala output
Impala Platinum has reported a 7% rise in first-quarter platinum output, boosted by better performance at its Impala and Zimplats mines.