Glencore $2.5bn agribusiness deal cautiously welcomed
SHARES in Glencore trended down today reflecting the mixed response - though generally positive - among analysts to the Swiss group's announcement that it...
Sibanye may ice shafts if AMCU strike is well supported
SIBANYE Gold would mine surface ore stockpiles, shut down certain shafts, and operate other shafts on a partial basis if a strike called by...
Glencore labels AMCU claim 20 miners shot “entirely incorrect”
GLENCORE rejected claims by the Association of Mineworkers & Construction Union (AMCU) that the mining group ordered security officials open fire on its members...
Oakbay declares financial fitness amid KPMG, Sasfin exit
OAKBAY Resources and Energy, the company that houses the Gupta family's mining ambitions, said the business was intact despite the resignation of its auditing...
Mathunjwa in full cry as AMCU confirms Sibanye strike
AFTER several months of relative quiet, Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union (AMCU), stirred up fresh controversy vowing to...
Anglo to sell stake in Foxleigh metallurgical coal mine
ANGLO American's restructuring programme took another small step forward today after it announced it had agreed to sell its 70% interest in the Foxleigh...
Amara vows to ease UK shareholder trading fears
SOME of Amara Mining's UK shareholders may encounter problems holding shares in the firm once it merges with Perseus Mining, an Australia- and Toronto-listed...
Randgold Resources hangs hat on its edge in exploration
RANDGOLD Resources lifted the annual dividend 10% and said it would stand by its progressive dividend policy whilst stress in the gold industry would...
Master Drilling targeting high risk, high reward projects
DIVERSIFICATION and a policy of going for 'high risk, high reward'projects are the two key strategies underlying Master Drilling’s business approach according to CEO...
Atlatsa may cut staff 3,500, wins R334m lifeline from Amplats
ATLATSA Resources, a platinum development company, is to cut more than half of some 6,101 employees at its Bokoni Mines operation in the north-eastern...