Company Announcement: Great insight into advanced hindsight with Dan Ariely

The Discovery Invest Leadership Summit 2011 will deliver an impressive line-up of some of the world’s most thought provoking speakers at Sandton’s Convention Centre on September 21.

Oil sands stocks slide on Alberta plans

Canadian oil sands producers led the TSX lower on Wednesday after the Alberta government announced plans the previous day to cancel some leases in the province to protect the environment. The energy index slipped 1,4% by late afternoon, despite...

Global economic storm drives Leviev onto the rocks

The Uzbekistan-born Israeli billionaire who shook up the global diamond industry and seemed set to rival De Beers, Lev Leviev, is now trapped in a financial train smash that could threaten his diamond interests.


Russia's Deripaska may surpass Alcoa in aluminium

Oleg Deripaska, a billionaire largely unknown outside of Russia, may soon become the most influential man in the aluminum industry.

Newmont responds to pollution report

New York Stock Exchange-listed miner Newmont Mining on Wednesday responded to a report in a respected international newspaper alleging that its Minahasa operations in Indonesia posed a threat to human health and that its operations had polluted...

SA gold major to face $7bn lawsuit

Workers at South Africa's second-largest gold mining company were tortured, enslaved and poisoned with uranium, according to a $7,4-billion lawsuit filed late on Tuesday in a New York court.

Japanese mining firm pays slave-labour compensation

In the first ruling of its kind, a Japanese court ordered a major mining company to pay $1,29-million to 15 Chinese men who were brought forcibly to Japan and made to work as slave labourers during World War II.