With the prospect of a takeover in sight, Anglo American’s first South African chief executive in 15 years is tasked with unlocking value from the global mining company
The resources giant is selling debt down under for the first time following indications that it is looking to buy more Australian assets.
Mining giant heads to South African stock exchange for R700-billion listing.
From Julius Malema’s Economic Freedom Fighters, Glencore Xstrata to why women leaders are our best export, readers express their views.
The explosive situation at shafts in Limpopo puts a troubled sector under far greater strain
The company stands firm that dismissed workers will not be reinstated unless they reapply for their jobs, but Amcu says its members won’t play ball.
An alleged assault on an AMCU member has sparked unrest and led to the dismissal of 200 workers.
Eskom’s sudden withdrawal of an objection to Glencore’s merger with Xstrata, since coming to an agreement with the company, has puzzled observers.
The Competition Tribunal has given the green light to the proposed takeover of global miner Xstrata by commodities trader Glencore.
Eskom has withdrawn its intervention in the multi-billion dollar merger between resource companies Glencore and Xstrata.
The utility’s dependence on local coal has triggered fears about the effects of the Xtrata-Glencore deal, writes Lisa Steyn.
A hearing by SA’s competition tribunal on commodities trader Glencore’s takeover of miner Xstrata has been postponed until next month, the court said.
The mooted merger between commodities trader Glencore and mining company Xstrata is likely to face few regulatory hurdles in South Africa.
Kameni and Kameni Investments were founded by businessperson Loucas Pouroulis and registered in 2006.
But the to and fro unsettles potential investors in the mining and commodity giant.
Fifteen security guards were held hostage by a group of 30 men inside a shaft at an Xstrata mine in eMalahleni, Mpumalanga, say police.
Commodities trader Glencore has laid out what it says is a final $36-billion takeover offer for Xstrata, warning it would not improve the terms again.
Commodity trader Glencore has raised its offer for miner Xstrata to salvage a bid, now worth about $37-billion.
The blockbuster merger commodity giants Glencore and Xstrata is in jeopardy as key shareholder Qatar threatens to block the union in a vote on Friday.
A rights issue makes sense and could be good news for investors, an analyst claims
