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30 March 2017
                       
 
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17 Mar 2017
 
 
NUM: NUM disappointed with DRD Gold on BEE transaction
STATEMENT
The NUM has noted with disappointment media reports on the pending shareholder's approval of the "hedging arrangements" of Khumo's DRD Gold shares, the Mining Right Holder (DRD Gold) backs this as...
 
 
15 Mar 2017
 
High Q1 ferrochrome price settled at lower Q2 level – Merafe
FERROCHROME
The European benchmark ferrochrome price has been settled at US$1.54/lb for the second quarter (Q2) of 2017, a decrease of 6.7% on the high-flying US$165/lb first quarter (Q1) price, Merafe...
 
 
08 Mar 2017
 
 
 
Brown calls for Eskom to bring Dentons report to Parliament
ELECTRICITY
Eskom should be called before Parliament to brief MPs on the Dentons report, Public Enterprises Minister Lynne Brown said on Wednesday. “Eskom should come and run you through the report,” the...
 
 
Strong outlook for recovering ferrochrome industry – Merafe
FERROCHROME
Ferrochrome and chrome ore prices recovered from rock bottom in the first quarter of last year to levels twice and four times higher respectively in 2017, a year in which a shortage of electricity...
 
 
07 Mar 2017
 
Merafe hits high spots with record results
CHROME
Ferrochrome company Merafe Resources on Tuesday reported record production, record revenue and a major jump in headline earnings in the 12 months to December 31. Production hit the 393 000 t mark,...
 
 
01 Mar 2017
 
Glencore in pole position to benefit from growing cobalt demand
COBALT
Heightened ownership of the Mutanda and Katanga mines in the Democratic Republic of Congo (DRC) puts cobalt in a strong potential earnings position for Glencore, the world’s dominant supplier of...
 
 
23 Feb 2017
 
Analysts acclaim Glencore’s performance as good fundamentals return
DIVERSIFIED MINERS
Commodity market fundamentals are improving against a backdrop of better than expected demand and limited, if any, inventory build through the trough of the cycle, diversified mining and marketing...
 
 
14 Feb 2017
 
Glencore’s DRC copper top-up wins analyst cheer
COPPER
Diversified mining and marketing company Glencore has bought the remaining 31% stake in Mutanda Mining for $922-million and a further 10.25% stake in Katanga Mining for $38-million from Dan...
 
 
03 Feb 2017
 
 
 
Daily Podcast – February 03, 2017
podcast
Making headlines: Parliament to start processing Classen report on Phiyega ANC Women’s League slam’s Afriforum’s private prosecution unit And, new SARS legal head was named in State of Capture report
 
 
New SARS legal head was named in State of Capture report
POLITICS
The new executive in charge of legal affairs at South African Revenue Service (Sars) was named in the Public Protector's State of Capture report as part of a team that made a submission...
 
 
16 Jan 2017
 
Oxfam slams runaway inequality
INEQUALITY
International advocacy group Oxfam on Monday criticised the widening gap between the rich and the poor, saying that global inequality had grown to unacceptable proportions as just eight men now...
 
 
11 Jan 2017
 
 
 
Guptas fail to sell SA companies by end of 2016
BUSINESS
The Guptas’ intention to dispose of their shares in all their South African businesses by the end of 2016 has not come to fruition, their family spokesperson confirmed this week. "The Gupta family...
 
 
23 Dec 2016
 
2016 set Zuma up for life and death political battle in coming year
POLITICAL CAREER
President Jacob Zuma can, in the phrase popularised by Queen Elisabeth II in 1992, claim the past year as his annus horribilis as the State capture narrative eclipsed the Nkandla scandal and drew...
 
 
08 Dec 2016
 
Glencore's Rosneft deal wins analyst thumbs-up
OIL
The share price of diversified mining and marketing company Glencore rose in Johannesburg on the news that the company is in final-stage negotiations to buy 19.5% of Russia’s privatised oil company...
 
 
05 Dec 2016
 
 
 
Glencore producing zinc at minus cost
DIVERSIFIED MINERS
Diversified mining and marketing company Glencore is producing zinc at negative cost. Towards the end of this year it has been doing so at -3c/lb and next year it expects to do so at an even better...
 
 
 
                       
 
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