Glencore strong enough to withstand market
Glencore had no solvency issues and that it was strong enough to ride out the difficult commodity markets.
Jindal to buy Liberia’s Wologizi iron ore
Jindal Steel & Power, India's third largest steelmaker by value, was in discussions with the Liberian government to buy the Wologizi iron ore mine.
Zambia does not plan to run copper mines
The Zambian government would not take over mines where there had been heavy job losses.
Coal sector must be more competitive: Eskom
Eskom urged the South African coal sector to become more competitive in order to contain costs which had increased a fifth per year on a compounded basis.
African Barrick looks to transformational deal
African Barrick, which mines about 700,000 oz/year in gold from Tanzania, would seek a deal to take output to one million ounces/year in 2015.
Cutifani to have routine hip operation
Mark Cutifani, CEO of Anglo American, is to undergo a routine hip operation at the end of the month.
“Crony class” benefiting from minerals regime
James Lorimer, MP for the DA, responded to mines minister Susan Shabangu's budget vote speech saying only a 'crony class' benefited from the regulatory regime.
Amplats’ Rustenburg mines not core
The Rustenburg mines of Anglo American Platinum could no longer be considered core to the group owing to their high cost, said Anglo American CEO, Mark Cutifani.
KCM imports first copper from Chile
Konkola Copper Mines has imported its first semi-processed copper from Chile's Codelco in order to keep its Nchanga smelter operating at full capacity.
Anglo shakes up senior management ranks
Anglo American announced a shake-up of its senior management ranks with Peter Whitcutt heading up the group's group marketing business.