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Could Glencore be another Lehman?

Oct 02 2015 10:29

Glencore, the commodities giant that suddenly finds itself at the epicentre of a global panic, has investors questioning whether a sudden plunge could happen again


Anglo American closes Mozambique office

Oct 01 2015 13:01

Anglo American has closed its office in Mozambique, 18 months after calling off the R5.2bn purchase of a majority stake in a coal asset in the country.


Glencore resumes slide

Oct 01 2015 20:15

Glencore's share price has eased again despite the company's assurances to investors that its debt-cutting plans remain on track.


Glencore to cut another 340 jobs in SA

Oct 01 2015 13:37

Glencore is cutting a further 340 jobs in South Africa as the company closes depleted coal mines to withstand a downturn in commodity prices.


Glencore copper mines seen top of China’s list

Sep 30 2015 17:30

As a beleaguered Glencore fights to staunch losses in equity and debt markets, China may be sizing up the assets with a particular eye on its copper mines.


Botswana rough diamonds exports fall

Sep 30 2015 18:00

The value of rough diamonds exports from Botswana's mines has fallen 15% in the first six months of the year to $1.7bn.


Glencore makes comeback after 30% plunge

Sep 30 2015 07:51

Glencore has more than halved the previous day's 30% plunge after it assured investors its business was "operationall financially robust".


Rio Tinto sells Australian coal mine stake

Sep 30 2015 07:45

Mining giant Rio Tinto is selling its stake in an Australian coal mine for US$606m, as slowing demand from China hits commodity prices hard.


Glencore crashes 27.5% in Hong Kong

Sep 29 2015 07:54

Shares in mining giant Glencore have crashed 27.5% in Hong Kong, hammered by weak commodity prices and as a brokerage warned about the group's future.


Glencore tanks on bearish Investec note

Sep 28 2015 12:01

Glencore, the miner and commodity trader headed by billionaire Ivan Glasenberg, has dropped as much 17.4%, the biggest one-day drop since it started trading in 2011.



Platinum in pain as Volkswagen uproar may hurt diesel demand

Sep 25 2015 08:24

Volkswagen’s emissions scandal may be another blow for platinum prices trading at a six-year low.

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