Glencore to spin off stake in platinum producer Lonmin
Mining and commodities giant Glencore on Wednesday announced plans to unload its 23.9 percent stake in South African platinum producer Lonmin and distribute the shares to its own shareholders.
Feb 11, 2015, 16:06 PM ISTSteel baron Lakshmi Mittal drops down South Africa rich list
Mittal's 52 percent holding in ArcelorMittal, worth 6.3 billion rands, now places him at 13th position from 9th last year, 3rd before that, while he topped the list for the preceding six years.
Dec 07, 2014, 20:17 PM IST