Metmar through the worst of volatile market
Metmar CEO, David Ellwood, believes the metals trading company is through the worst of a difficult market in which he acknowledges his firm was too defensive.
Davis appoints Goldman Sachs
Mick Davis has appointed Goldman Sachs to assist him in creating a private equity
company, according to report in the Sunday Times.
SA carbon tax baffles critics who look to EU
The National Treasury's second policy paper on carbon taxes comes at a time when
the European governments are relenting on taxes in order to stimulate their
economies.
Glencore Xstrata is just the beginning, analysts say
The $30bn combination of Xstrata and Glencore was only the beginning of CEO Ivan
Glasenberg's acquisition plans, analysts said.
Transnet credit at risk if pensioners get day in court
Transnet is hoping the court doesn't grant the hearing of a R89bn class action which
would seriously dent the utility's credit rating and hinder its expansion strategy.
Nersa, BHP study to focus on contract renewals
Nersa's investigation into BHP Billiton's advantageous power supply deal with Eskom
will focus on whether deals for certain smelter potlines should have been renewed.
Davis skips Glencore-Xstrata as future beckons
Mick Davis said he would not serve six months as interim manager of the combined
Glencore Xstrata opting to leave at the deal's effective date, around May 2.
SA mining misunderstood by government
It seems odd that given its global and national centrality, the country's Chamber of Mines still needs to remind Government of the importance of nurturing the sector.
Industry does not like workers: Mantashe
Gwede Mantashe, secretary-general of the ANC, thew his weight behind the National Union of Mineworkers and said the mining sector didn't like workers.
Noose to tighten on scrap, iron ore exports
Government hopes to give teeth to its draft policy in which iron ore, steel and scrap metal exports are being targeted as detrimental to domestic economic growth.