Bloomberg News

ArcelorMittal South Africa to cut 2,000 jobs

ArcelorMittal South Africa Ltd. may cut more than 2,000 jobs as part of a widespread restructuring to cut costs. The shares…

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Mozambique delays raising $2.3 billion for Anadarko gas project

Mozambique has put on hold plans to raise funds for its portion of Anadarko Petroleum Corp.’s $20 billion gas project,…

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Platinum giants bolster positions before wage talks begin

When the world’s biggest platinum miners sit down to hammer out a wage deal with one of South Africa’s most…

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Congo’s swing producers turn to copper after cobalt meltdown

Production of hand-dug cobalt in the Democratic Republic of Congo is poised to drop sharply after prices tumbled, prompting many…

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Armed forces called to defend Glencore mine in Congo

Glencore Plc said armed forces of the Democratic Republic of Congo are in the area around the operations of its Kamoto…

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Glencore, Anglo mines pollute South Africa water, group says

South African coal mines operated by companies such as Glencore Plc and Anglo American Plc are polluting parts of Mpumalanga…

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South African platinum mine wage talks to start next week

South Africa’s largest platinum-mining labor union said it will meet the nation’s top three producers on successive days next week…

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Gold resumes trek higher as weak economic data point to stimulus

Gold rebounded from its biggest decline in more than two years on signs of fresh strains on the global economy.…

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