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Corporate News 26 Sep 2018 | 12:00 AM

Glencore to boost share buyback programme

Johannesburg: Glencore Plc will increase its share buyback program by as much as US$1bil, adding to a growing number of moves by the world’s biggest miners this year to return more money to investors.

Business 13 Sep 2018 | 12:00 AM

Exxaro, Seriti mull bids for South32 coal assets

JOHANNESBURG: Exxaro Resources Ltd and Seriti Resources are among companies considering bidding for South32 Ltd’s South African thermal coal operations, which have been valued at almost US$800mil, according to people familiar with the matter.

World 19 Aug 2018 | 5:23 PM

Iran says U.S. 'action group' will fail to overthrow Iranian state

LONDON (Reuters) - Iranian Foreign Minister Mohammed Javad Zarif said on Sunday that a new Iran Action Group in the U.S. State Department aimed to overthrow the Islamic Republic, but would fail.

World 07 Aug 2018 | 8:20 PM

Tribal chiefs face reckoning over rights to South Africa's rural homelands

MORULENG, South Africa (Reuters) - A hardscrabble patch of South Africa disputed between black farmers and tribal leaders working with platinum mining interests is legal ground zero in a battle to loosen the chiefs' grip on communal lands.

Corporate News 14 Jul 2018 | 1:23 AM

World markets themes for the week ahead

LONDON: Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

Business 06 Jul 2018 | 12:00 AM

Glencore announces US$1bil share buy-back days after probe

LONDON: Glencore Plc will buy back as much as US$1bil of its shares, a move that may soothe investor concerns after the world’s top commodity trader was hit by a US Department of Justice probe earlier this week.

Business 16 May 2018 | 12:00 AM

Botswana president eyes jobs in new ‘marriage’ with De Beers

JOHANNESBURG: Botswana’s president, Mokgweetsi Masisi, wants a new long-term diamond-sales pact with De Beers when the current 10-year deal expires in 2020 and for more gems to be processed locally.

TECH 11 May 2018 | 9:27 AM

De Beers tracks diamonds through supply chain using blockchain

Anglo American's De Beers said on May 10 it had tracked 100 high-value diamonds from miner to retailer using blockchain, in the first effort of its kind to clear the supply chain of imposters and conflict minerals.

World 03 May 2018 | 8:03 PM

South Africa gold producers, gold miners reach silicosis settlement

JOHANNESBURG (Reuters) - South African gold producers reached a class action settlement on Thursday with law firms representing thousands of miners who contracted the fatal lung diseases silicosis and tuberculosis, the lawyers said on Thursday.

TECH 20 Apr 2018 | 7:18 AM

DeBeers rolls out app to clean up Sierra Leone diamond supply chain

Global diamond giant De Beers is rolling out an app to help small-scale, artisanal diamond miners in Sierra Leone certify that gems they pry from the soil are legal, the Anglo American unit said.