Zuma doubles TFR budget to R200bn
President Jacob Zuma said rail would account for R200bn of the R300bn Transnet
would spend over the next seven years.
Rio Tinto dividend surprise masks aluminium hit
Rio Tinto has reported a 6% drop in underlying second-half profits and took a $9.3bn charge mainly against its aluminium business, but appeased investors with a huge dividend hike.
ANC paper deplores SA’s poor skills base
SA’s development plans are bound for failure if the country does not improve its levels
of technical training and technology development, reads the ANC’s document on
mining.
ANC paper slams carbon tax draft
The ANC discussion document on the state’s involvement in mining has slated
Treasury’s carbon tax proposals, saying such measures would be "extremely
damaging' to SA's economy.
BHP tempers outlook, sees growth slowing
BHP Billiton has reported its first half-year profit fall in two years, hurt by lower commodity prices and higher costs, and says it expects longer-term demand from China to slow.
Xstrata’s Davis defends ‘cheap’ Glencore deal
The terms of Xstrata’s proposed merger with Glencore are the best within the "realm
of the possible", says CEO Mick Davis.
Glencore, Xstrata agree $90bn merger
Glencore and Xstrata have agreed an all-share merger worth $90bn in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.
Glencore, Xstrata hammering out final deal
Top executives at trader Glencore and miner Xstrata are hammering out the final details of an $80bn takeover, which could be announced as early as Tuesday.
ANC mines report: the proposals
A highly anticipated ANC report on the state's involvement in mining contains
proposals to fundamentally alter the face of South Africa's industry.
Anglo’s Carroll recovers after operation
Anglo American CEO Cynthia Carroll is recovering well from an operation following a hip injury she suffered during a horse-riding accident last weekend, reports Bloomberg.