Financial analyst to speak at Mining Indaba

Financial institution Credit Suisse commodities research VP Tom Kendall will focus on the outlook for the global gold sector during his presentation at the commodities review and outlook forum at the Investing in African Mining Indaba 2012.

Anglo's Brazilian millstone increasingly burdensome

Diversified major Anglo American has had two high-profile project acquisitions under Cynthia Carroll’s watch, both of which have gone from delight to disappointment.

Anglo goes from delight to disappointment as project acquisitions sour

Diversified major Anglo American has had two high profile acquisitions under Cynthia Carroll’s watch, which have both have gone from delight to disappointment.

Chinese diamond market catching up with US – De Beers

Chinese diamond demand could reach the same level as the US, the biggest consumer, in the next decade, De Beers MD Gareth Penny said last week. In a video interview with London's Financial Times, he said at that stage China, including Hong Kong,...

Sasol-Chesapeake-Statoil apply to explore for shale gas in Karoo

South Africa’s Sasol is taking steps to join the global search for shale gas. Shale has for long been considered a rock too difficult to drill, but the breakthrough of horizontal drilling and hydraulic fracturing has opened up shale along with...

Mittal considers stake in Rio Tinto - report

Steelmaker ArcelorMittal's chairperson, CEO and largest shareholder, Lakshmi Mittal, may buy a stake in diversified miner Rio Tinto, to secure iron-ore supplies, the Financial Times reported on Monday.

Daily podcast - May 6, 2008

In today's podcast: Bharti Airtel bids for 51% of MTN, Eskom suspends new DSM projects because of 'cash flow issues', and AngloGold Ashanti reports a more than fivefold increase in adjusted headline earning for Q1.

'We have our limits' – Vale chief on Xstrata talks

Brazilian resources group Companhia Vale do Rio Doce, known as Vale, views a potential tie-up with rival Xstrata Resources as a “fantastic transaction”, CEO Roger Agnelli said on Friday, but warned that the deal was “not a...

Xstrata shares fall on reports Glencore may block Vale bid

Shares in diversified miner Xstrata lost just over 4% of their value in London on Thursday, after the UK's Financial Times newspaper reported that the company's biggest shareholder, Swiss commodities trader Glencore, was refusing to...

Malcom Burne joins Cangold board

Vancouver-based gold exploration and development company Cangold has appointed Jubilee Platinum chairperson Malcom Burne to its board of directors.

Glencore mulls future of Xstrata stake – report

Swiss commodities trader Glencore is seeking advice from Citigroup and Morgan Stanley on options for its 35% stake in diversified-miner Xstrata, the UK's Financial Times reported on Thursday.

Vale bid for Xstrata imminent - reports

The world's biggest producer of iron-ore, Brazil-based Companhia Vale do Rio Doce (Vale), has arranged a $50-billion financing plan from international banks, and plans to launch a bid for rival Xstrata within the next few days, according to...