Carroll “very good at M&A” Vedanta’s Argawal
Former Anglo American CEO, Cynthia Carroll, would bring a new perspective to Vedanta, said the Indian firm's chairman Anil Argawal.
Glencore chairman buys shares in show of faith
Tony Hayward, chairman of Glencore, bought 100,000 shares in the company taking his overall holding to 245,000 shares.
Harmony ordered to pay clean-up costs
Harmony Gold has been ordered to contribute towards rehabilitation costs at land it sold to Pamodzi Gold about five years ago, a Court of Appeal has ruled.
Lonmin facing refinancing challenge
Shares in Lonmin fell under renewed pressure amid speculation the company would tap investors for cash.
Gold inches towards record
Spot gold edged higher on Monday to near its record, and market sentiment stayed buoyant on speculation of more quantitative easing in the US as investors worry about the economic recovery.
SA not facing recession: Marcus
South Africa was not facing a recession, said Reserve Bank governor Gill Marcus who added however that the platinum strike was a concern.
SA platinum losses may near 800,000 oz
Platinum production losses may approach 800,000 oz amid an eight week strike by AMCU which is likely to have a bearing on the price of the metal.
Stick to firm policies: Major
South Africa may not see another deep level mining investment if the government persists with using mining as a political tool.
Exxaro Total deal needs community stake
Exxaro Resources must offer shares in Total Coal South Africa to communities before it can have an agreement to buy the firm approved by the government.
First Quantum to lay off 1,480 at Zambia copper
First Quantum Minerals is to retrench 1,480 workers at one of its Zambia copper projects following a reduction in its power supply curbed production.