Anglo rallies on takeover, SA policy talks
Anglo American may be in the sights of a combined Xstrata/Glencore entity, analysts
say, although some caution it is too early to predict such a move.
Glencore said to be near deal with Xstrata
Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at $82.46bn, reports Bloomberg.
ANC mines study rejects assets grab
A study commissioned by the ANC has rejected calls for mine nationalisation and come out in favour of higher taxes and royalties, reports Business Day.
Shabangu: Constitution informs nationalisation debate
Susan Shabangu, mines minister, confirmed a date with the ANC's National
Executive Committee today which is said to inspect a report rejecting nationalization
of the mines industry.
Glencore given March deadline for Xstrata bid
UPDATED: Glencore International has until March 1 to make a move for global miner
Xstrata in a deal that may create a merged major valued around £50bn.
Shabangu: Constitution guides mines debate
Susan Shabangu, Mineral Resources Minister, confirmed a date with the ANC's National
Executive Committee today which is said to discuss a report rejecting nationalisation
of the mines industry.
Xstrata 2011 coal production up, copper dips
Xstrata has posted record output from its Australian thermal coal operations in 2011 as newly commissioned Mangoola helped offset a flood-hit start to the year and strikes in SA.
Anglo American Q4 copper, iron ore output up
Miner Anglo American has posted a 10% rise in copper output in the final three months of 2011, boosted by its flagship Los Bronces mine.
Shock over Zimbabwe’s licence fee regime
The chairman of Zimbabwe’s parliamentary Committee on Mining and Energy, Edward
Chindori-Chininga, has criticised the country’s proposed hike in mining licence fees.
Sierra Leone in battle to avoid ‘resource curse’
Sierra Leone is fighting an uphill battle to avoid the 'resource curse' of high-level graft, civil unrest and a lack of economic diversity that has afflicted many regional neighbours.