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Zimbabwe to clarify indigenisation

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Zimbabwe has been asked to clarify its indigenisation laws by the International Monetary Fund in order to improve foreign investment prospects in the country.

AMCU to resume Amplats talks

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The Associated of Mineworkers & Construction Union sounded a note of optimism saying more talks with Amplats could get the parties closer.

First Quantum shares hit on debt fears

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Shares in First Quantum Minerals fell under pressure owing to concerns about the Toronto-listed firm's debt pile and amid weakness in the price of copper.

Lonmin fails to strike deal with Amcu

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Lonmin said it had failed to reach a deal with AMCU on a recognition agreement and as no talks were scheduled for today, the way is paved for strike action.

Fairtree Hedge Fund triples market return

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Betting on declining fortunes for mining firms as well as the banks that lend to them benefited Cape Town fund manager, Fairtree Hedge Fund.

Zambia power surplus being diminished

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Mining expansions would eat into Zambia's power surplus next year, said the state-owned utility, Zesco.

Gold deals set to rebound in 2014

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The world's gold mining industry may seize on low sector valuations to replace some output they lost owing to last year's portfolio restructuring, a banker says.

Ferrochrome rolled over in Q3, says Merafe

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Merafe Resources said there had been a rollover in the ferrochrome price in the third quarter.

Congo code changes “would spell disaster”

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A business group in the Congo said proposed increases in royalties on copper, gold and diamonds would spell disaster for the African country's economy.

Investors call on miners to lower carbon emissions

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Investors has called on Anglo American, Glencore and Rio Tinto to demonstrate they are working to lessen the impact their businesses have on climate change.