Anglo prepared to be opportunistic
Anglo American CEO, Mark Cutifani, said his company was prepared to be opportunistic in assessing potential acqusitions despite the commodity price slump.
BHP, Vale hit by $43bn suit for Samarco disaster
SHARES in BHP Billiton headed for their steepest fall since 2008 after Brazilian prosecutors filed a civil suit against the Melbourne-headquartered company worth $43bn,...
MacKenzie reins in BHP Billiton capex plans
Newly appointed BHP Billiton CEO, Andrew Mackenzie, said the company would rein in capital expenditure to $15bn a year in about two to three years.
ConCourt to hear AgriSA/DMR case
The issue of compensating landowners who held old order mineral rights is to resurface in the Constitutional Court.
Glencore to spend $950m at Mopani
Glencore is to invest $950m over three years to expand operations at its Mopani Copper Mines as part of a plan to refurbish assets and lower production costs.
Gold to claw back some lost ground
Investors may take advantage of the slump in the gold price helping the metal to regain some ground after touching its lowest levels since September 2010.
Rio “not blinking” in iron ore expansion plan
Rio Tinto lifted third quarter iron ore production 12% in a demonstration it was "not blinking" in its strategy to squeeze the market.
Strike was fight Anglo had to have: Cutifani
Anglo American CEO, Mark Cutifani, said the group had to stand its ground in wage negotiations with AMCU.
Kinross to reconfigure struggling mines
J Paul Rollinson told Bloomberg News now was not the right time to sell the firm's high cost mines, such as Tasiast in Mauritania, but rather to reconfigure them.
Glasenberg applauds new CEO ‘mantra’
Ivan Glasenberg, CEO of Glencore Xstrata, praised CEOs for showing restraint in capital allocation - a development he said was a new mantra.