New company South32 not dependent on metals-hungry China
Mining’s biggest spin-off in a decade offers investors a once unthinkable plus: China is not the Perth company’s biggest customer.
BHP spinoff company to include SA aluminum and manganese units
Resources giant BHP Billiton plans a demerger in order to streamline and simplify its operations and South African assets are on the chopping block.
Anglo prepared to buck trend on spending – if it sees value
Anglo American is prepared to be opportunistic in pursuing acquisitions even as falling commodity prices force the mining industry to cut spending.
Rio Tinto to keep diamond unit after scrapping sale plans
Rio Tinto will keep its diamond businesses after failing to find a buyer and deciding not to pursue an initial public offering of the unit.
Britain burns: Riots spread to other cities
A chaotic wave of violence and looting raged across London and spread to three other major British cities on Tuesday.
World powers meet in UK to discuss Libya’s future
World powers were meeting in London on Tuesday seeking to plot out an endgame for Muammar Gaddafi’s tottering regime.
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UK ministers claim for expenses from porn to cookies
Porn movies. Manure. A chocolate Santa Claus. Expense claims by British ministers to pay for an array of items were exposed in a report on Friday.
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Brown prepares to face down critics
Dissent over British Prime Minister Gordon Brown’s faltering performance is threatening to hit a crescendo this weekend.
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Brown to boycott summit if Mugabe attends
British Prime Minister Gordon Brown threatened on Wednesday to boycott a summit of European and African leaders if Zimbabwean leader Robert Mugabe is allowed to attend. He called on fellow heads of state to increase pressure on Harare before the planned December talks between the European Union and African Union.
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British Muslims join in global Rushdie protests
Muslims angered by Britain’s decision to honour author Salman Rushdie with a knighthood were rallying in London on Friday, warning that anger over the award could match the fierce reaction to publication of cartoons of the Prophet Muhammad in Denmark last year.
