Anglo correcting years of ‘self-harm’
Anglo American was reversing years of self-harm with a restructuring programme that offered significant value unlock, a prominent analyst has said.
Glencore holding gun to head: Molefe
Eskom CEO, Brian Molefe, felt as if Glencore was holding "a gun to his head" in coal contract negotiations.
Congo seeks access to Angola’s Lobito
The Democratic Republic of Congo was hoping to export copper through the Angola port of Lobito,
Anglo American settles 23 silicosis claims
Anglo American South Africa said it reached an undisclosed cash settlement with 23 former miners who had contracted silicosis.
China to work on Ghana illegal mining
Wang Yi, China's foreign minister, said the issue of illegal mining was taken "very seriously" by the country on a visit to gold-rich Ghana.
Atlas Copco to shed more jobs
Atlas Copco, the engineering group, said it would retrench more employees as the mining slump hit demand for its drill rigs and loaders.
Lonmin to keep mine open for second day
Lonmin said it would keep its operations open for a second day in an effort to break a strike now in its 16th week.
Gold Fields mines 535,000 oz in June Q
Gold Fields would report gold production of 535,000 ounces in the June quarter, roughly a 30,000 oz improvement quarter-on-quarter.
Rios to demand 30% premium of Glencore
Rio Tinto would not recommend a merger with Glencore unless it received a premium on its shares of at least 30%, said a former BHP Billiton executive.
Rio Tinto not admitted corruption in Guinea, Mozambique
RIO Tinto had not admitted it was guilty of corruption in respect of investigations currently underway into its past dealings in Guinea and Mozambique.
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