Off The Wires

Hayward confirmed as Glencore chairman

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Tony Hayward has been appointed chairman of Glencore Xstrata, a role he currently holds on an interim basis.

Glencore lifts Q1 copper output 24%

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Ivan Glasenberg's Glencore Xstrata reported a 24% increase in copper production for the first quarter owing to African expansion and high grade South American output.

Wesizwe Pt shares get Scopa boost

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Shares in Wesizwe Platinum received a boost after it emerged the long-standing community discontent in the Bakubung region had been resolved.

Shaft Sinkers to sell assets to pay lawyers

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Shaft Sinkers, a UK-listed mining services business, said legal expenses had sapped the company's cash reserves but hoped to emerge from arbitration in 2015.

Miners dragging feet on silicosis

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Mining companies are dragging out legal processes in respect of claims for silicosis infections, said a prominent lawyer working for former miners.

AMCU threatens industry wide strike

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The Association of Mineworkers & Construction Union president Joseph Mathunjwa said the union would call a industry wide strike if platinum producers shut mines.

Trans Hex points to “positive momentum”

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Trans Hex booked strong March quarter sales and said there was "positive momentum" in the diamond market.

BHP Billiton raises iron ore total to 217mt

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BHP Billiton lifted its full-year iron ore production target 2% to 217 million tonnes after beating analyst expectations for output of the steel feed ingredient in the March quarter.

Rio Tinto takes iron ore output to record

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Rio Tinto said first quarter iron ore production, up 8% year-on-year, was a record 52.3 million tonnes raising fears of a significant oversupply of the mineral.

Sibanye’s Froneman targets year-end Pt deal

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Neal Froneman, CEO of Sibanye Gold, said he'd be disappointed if the company hadn't concluded a platinum deal before the year-end.