India pledges $5bn in African charm offensive
India has stepped up its push to deepen its economic ties with Africa and emerge from the shadow of rival China by offering $5bn in new credit lines to the continent.
Mvela shareholders block Blackstar buyout
Investment firm Mvela Group says its shareholders have blocked a buyout offer from London-listed Blackstar Group, sinking a $215m deal.
Anglo American, Codelco agree to ceasefire
Still, the suspension of legal proceedings between Anglo American and Chile’s Codelco over a disputed stake in Anglo American Sur shouldn’t be viewed that the parties are close to a resolution.
Work on acid mine water underway
Environmental officials are working to curb the potential dangers posed by the impact of acid mine drainage in the Witwatersrand mining area.
Harare ultimatum to foreign firms
Zimbabwe has given foreign companies a 14-day ultimatum to submit "acceptable' plans on transferring majority stakes to locals or risk losing permits.
Rio Tinto misses target, expands buyback
Global miner Rio Tinto has reported a 35% jump in first-half profit, but missed market expectations.
AngloGold: don’t dismiss nationalisation
Nationalisation of South Africa's mines needs to be debated and not dismissed, says AngloGold Ashanti CEO Mark Cutifani.
Govt accepts mine drainage advice
The government says it can prevent rising acid effluent in the Central Basin of the Witwatersrand from reaching environmentally critical levels next year.
ANC charges Malema with sowing discord
THE African National Congress has charged controversial youth leader Julius Malema with "sowing divisions" in its ranks and bringing the party into disrepute.
Anglo American Q4 copper, iron ore output up
Miner Anglo American has posted a 10% rise in copper output in the final three months of 2011, boosted by its flagship Los Bronces mine.