Glenstrata deal on the brink as Qataris says “no’
The $65bn merger between Glencore and Xstrata is on the verge of collapse
after Xstrata’s second-largest shareholder said it will oppose the terms of the
deal, reports Financial Times.
Bristow in final stretch of bike journey
Randgold Resources CEO Mark Bristow and his 3boyzonbikes team have crossed
into Senegal on the latest lap of a charity motorcycle ride of more than
13,000km.
Tronox adds vim to under-valued Exxaro Resources
Coal prices may have flagged lately, but there are high expectations for the
effect the mineral sands industry can have on Exxaro Resources’ share price.
Flagship R10.7bn manganese project in disarray
ArcelorMittal may escalate legal action as it suspects corporate governance
failures at Kalagadi Manganese, the flagship venture of South Africa’s
beneficiation strategy.
Anglo American, Codelco extend talks deadline
Anglo American and Chile’s state-owned copper producer, Codelco, have
extended talks to reach a settlement over the disputed stake in Anglo American
Sur.
MRI in hunt for Water Affairs AMD tender
Mine Restoration Investments will chase down a multi-million rand tender to
clean South Africa’s acid mine drainage after listing and raising R40m on the
JSE’s Altx.
Lonmin reports Marikana fatality
Platinum producer Lonmin has reported a fatality at the Rowland shaft of its Marikana mine.
Dirt diggers can leave for Australia: Jourdan
Paul Jourdan, a co-author of the State Intervention in Mining report, says
minerals should be left unmined if industrialisation is not the direct
consequence of digging for them.
Smokey Hills on the brink
ASX-listed Platinum Australia’s Smokey Hills mine is facing an uncertain future
following the group’s decision to do "an urgent review' of the operation.
Kumba bullish on iron ore price prospects
Kumba Iron Ore sees the long-term price of iron ore "much higher' than $80
per tonne, while the prevailing higher prices will last longer than what markets
have anticipated.