BHP Billiton enforces stringent clean-office policy
A memorandum on stringent clean-desk practices at BHP Billiton’s Perth offices
has the stamp of CEO Marius Kloppers all over it.
Cherish thy foreign investor
Apathy towards the priorities of "traditional' foreign investors will likely
undermine efforts to increase the contribution of mining to the social
transformation of SA, says a Sims critique.
Iron ore, mineral sands depress Exxaro shares
Shares in Exxaro Resources fell under further pressure this week, registering a
9.4% decline since the beginning of July as the outlook for coal, iron ore and
mineral sands prices looked dim.
Xstrata vote on Glencore bid set for Sept 7
Xstrata has effectively given Glencore and its rival Qatar shareholder the
summer break to hammer out an agreement on the takeover of the UK miner.
Better H2 predicted for Anglo subsidiaries
The weaker earnings guidance from Anglo American’s listed subsidiaries is a
pointer to a likely trend in results from other listed mining companies, says a
mining analyst.
Accounting, not emotion, guides valuations
Governments are fooling themselves if they think there is more than simple,
objective figures behind the negative responses of rating agencies, says auditing
group Ernst & Young.
Transnet sticks to 75Mt coal target
Transnet will ask its freight division to meet an average monthly railage target
of 66 million tonnes - never achieved before - to convince the coal industry its
improvements are permanent.
Safety task team seeks Section 54 arbiter
Former Chief Inspector of Mines, May Hermanus, has been touted as an
independent arbiter in disputes over the application of Section 54s.
Silicosis case comprises 1,500 claimants
The number of silicosis sufferers who want to sue Anglo American in London
now totals more than 1,500 according to Richard Meeran, the lawyer who is
driving the case.
Xstrata asks for vote delay on Glencore deal
Global miner Xstrata has asked to postpone the July 12 special shareholder
meeting on its proposed merger with commodities trader Glencore.