Mail & Guardian
Mail & Guardian
Eric Onstad

Creator

Eric Onstad

Brave new world: Bioinformatics is increasingly used by agricultural research laboratories

New battery for smartphones can be charged in a minute

A team led by Prof Hongjie Dai at Stanford University made a breakthrough by accidentally discovering that graphite made a good partner to aluminium.

Oppenheimers to keep De Beers stake

SAs Oppenheimer family is not keen to sell its 40% stake in De Beers after a buoyant year for the world’s top diamond miner, Nicky Oppenheimer said.

African Barrick Gold cuts output goal, shares slide

African Barrick Gold cut its 2010 production target for the second time in three months after it said it uncovered fuel theft at its new Buzwagi mine.

Xstrata in $5bn new mine spend after bumper earnings

Mining group Xstrata said it would pump over $5-billion into new mines and keep targeting organic growth rather than acquisitions.

RenCap targets African resources in expansion push

Russian private investment bank Renaissance Capital is in the midst of a sweeping expansion into the resource sector in Africa.

Anglo rejects Xstrata ‘merger of equals’ plan

Anglo American rejected rival mining group Xstrata’s ”merger of equals” proposal on Monday, knocking a no-premium marriage.

Havana free education

So Blade has met the vice-chancellors. Not that this meeting reached the tabloids. In fact, it was a subdued affair.

Xstrata seeks $68-billion merger with Anglo

Xstrata wants talks with Anglo American about a proposed merger of equals worth about -billion, seeking increased scale and cost synergies.

China scouting for bargain mining deals

Chinese mining firms are gearing up to take advantage of the global downturn and seek M&A mining deals at bargain prices next year.

WeSizwe seeks finance from Middle East, China for mine

WeSizwe Platinum has been scouting for financiers in the Middle East and China for its mine project after the freezing up of Western capital markets.

BHP seen pressing on with Rio bid despite crisis

BHP Billiton’s may have to pay more for a -billion loan, but this is unlikely to force it to abandon its -billion bid for rival Rio Tinto.

Xstrata launches $10bn cash bid for Lonmin

Miner Xstrata unveiled a -billion takeover bid for the world’s third-biggest platinum producer, Lonmin, to diversify its business.

De Beers diamond sales dip, sees stronger 2008

De Beers, the world’s top diamond producer, posted a dip in 2007 diamond sales on Friday, but forecast a rebound this year amid a tight market that was expected to keep prices…

DRC’s faded copper town perks up in mining rush

Amid rusted hulks of abandoned plants and huge mine craters, the Democratic Republic of Congo’s former top copper town Kolwezi is showing signs of a reawakening. The town in the…

Angloplat in multibillion-rand BEE deal

The world’s top platinum producer, Angloplat, launched a R35-billion black economic empowerment (BEE) deal on Tuesday to sell mines to two black-led firms and hand out shares to…

AngloGold Q2 down 17%, CEO to retire

AngloGold Ashanti posted a worse-than-expected 17% fall in second-quarter adjusted profit, hit by stronger currencies and more exploration costs, and said its chief executive…

Angloplat earnings jump, year output estimate cut

Angloplat, the world’s biggest platinum producer, posted an expected 47% jump in interim profit on Monday, but higher costs and a cut in forecast output due to labour and safety…

Randgold to upgrade Ivorian mine

African miner Randgold Resources expects to upgrade planned production at its new mine in Côte d’Ivoire, helping the firm to boost output by over 50% by 2011. The firm, currently…

Gold, platinum miners likely to go on strike

Restive South African miners are likely to go on strike in coming months, but the relatively tight platinum market may have already priced in the effects of limited disruptions.…

SA to be selective about mining investment

South Africa wants to boost foreign mining investment, but not if it fails to help develop a country still suffering from huge inequality of wealth, the deputy president said on…