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Glencore sees first executive exit post-IPO

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Glencore is set to lose one of its most senior executives, the first exit since its high-profile public offering last year, as part of a reorganisation of its upper echelons.

Amplats, Anglo fall on trading update

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ANGLO American Platinum’s shares have nosedived and dragged down parent Anglo American, following a worse-than-expected trading statement.

De Beers appoints new CFO

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De Beers has announced the appointment of Gareth Mostyn as the company's chief financial officer.

Anglo American releases Mitsubishi contract

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Anglo American has released four documents relating to the sale of shares in Anglo American Sur to Mitsubishi, denying the contract contains any means to change the deal.

Shanduka prepares to widen its reach

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Negative sentiment towards SA has kept the valuation of good mining assets in check, says Shanduka Resources.

India nearly doubles gold import duty

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India has hiked its gold import duty by 90% and doubled the tax on silver as the world's biggest consumer of bullion seeks to increase revenues, sending futures prices higher.

Poll, indigenisation weigh on Zimbabwe miners

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Regulatory uncertainty will continue to weigh heavily on investor sentiment in Zimbabwe this year, amid the advancement of indigenisation and looming elections.

BHP sees no sign of China slowdown

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BHP Billiton forecasts record iron ore production this year as its quarterly output jumps by a fifth, shrugging off predictions that growth in top buyer China will slow.

Gold Fields says 2011 output totals 3.49m oz

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Gold Fields says its attributable production for the 2011 financial year is expected to be 3.49 million ounces.

Barclays sees copper prices averaging $9,000

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Barclays Capital expects copper prices to rise by around 10% from current levels, while gold prices are projected to climb above $2,000 an ounce by the third quarter.