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Glencore trading arm ‘solid’ despite uncertainty

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Commodities group Glencore International says third-quarter activity in its closely watched marketing arm is "solid", despite slowing global growth.

Ghana budgets for mining tax hike

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Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the country's 2012 budget.

TFR ups ante on mine to port deliveries

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Transnet Freight Rail upped the ante in improving its mine to port minerals delivery rate telling miners trains would leave sidings even if wagons were not fully filled.

BHP suffers second defeat over power prices

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A court has refused to grant BHP Billiton leave to appeal against a judgment which forces the group to disclose the prices it pays for electricity at its aluminium operations.

ANC slams Sexwale’s testimony

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The ANC's national disciplinary committee has slammed the testimony provided by Human Settlements Minister Tokyo Sexwale at ANCYL leader Julius Malema's disciplinary hearing.

NPC urges caution on power carbon tax

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It will make sense to introduce an economy-wide carbon tax - coupled with some conditional exemptions - says the National Planning Commission.

State intervention study complete

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A study that took in state intervention in the mining economies of countries Venezuela, Malaysia, China and Zambia has been handed to the ANC's policy committee, a newspaper reported.

Beneficiation ‘no jobs panacea’

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Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.

Nationalisation dead in water: Godsell

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Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.

ANC cripples Malema nationalisation drive

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Julius Malema, president of the ANC Youth League, has been suspended from the organisation for five years, raising questions about whether nationalisation will dominate its policy-making conference.