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.
Anooraq, Amplats unveil rearranged deal
Anglo American Platinum has made public the long-awaited restructuring of its
investment in empowerment partner, Anooraq Resources, in a radical R5bn plan.
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.
Juniors hold key to Eskom coal deficit
Eskom's Dan Marokane said domestic coal supply from 2018 remained an urgent
issue, but that consolidation in South Africa's junior mining sector could help bridge
the deficit.
BHP Billiton sells out of Richards Bay Minerals
BHP Billiton is selling its stake in titanium producer Richards Bay Minerals to partner Rio
Tinto; a move that is part of its strategy to exit the titanium sector which it deems
non-core.
Implats starts to dismiss ‘no shows’
Workers who did not report for duty at Impala Platinum Holdings Rustenburg mine on Wednesday will be dismissed, says the company.
Rio Tinto accepts Chinese offer for Kalahari
Rio Tinto has accepted China Guangdong Nuclear Power Corp's bid for its 11.1% stake in Kalahari Minerals.
Diamond prices have stabilised, says Petra
Rough diamond prices have now stabilised, according to Petra CEO Johan Dippenaar,
but Numis Securities reckons the drop in the second half of 2011 was worse than
expected.