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Chinese buy into Shanduka group

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The China Investment Corporation has bought a 25%, R2bn shareholding in the Shanduka empowerment investment group.

Sishen judgment postponed

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Judge Raymond Zondo is not expected to release his full judgment in the North Gauteng High Court case over the disputed right in Sishen iron ore before Wednesday.

Mvela shareholders block Blackstar buyout

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Investment firm Mvela Group says its shareholders have blocked a buyout offer from London-listed Blackstar Group, sinking a $215m deal.

Miners pressed to raise yields

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Miners are coming under pressure to boost shareholder returns and redress a balance that has seen profit from higher commodity prices ploughed into growth programmes, salaries and taxes.

Congo elections ‘flawed’, says US envoy

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Congo's elections, won by incumbent President Joseph Kabila according to provisional results, were seriously flawed, the US ambassador to the central African country said on Wednesday.

Zambia miners seek independent tax audit

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Mining companies operating in Zambia want the government to appoint independent international auditors to verify whether they are paying all the taxes due.

Exxaro workers score as scheme pays out

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Almost 10,000 employees of Exxaro Resources are to receive up to R135,000 in terms of an employee share ownership plan; the second leading miner to announce such a payout.

Peru’s new mining minister ‘open to business’

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Peru's new mine and energy minister says the government will attract private investment to the vast sector while requiring it to bring more social benefits.

Peru’s Humala tightens grip in Cabinet overhaul

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Peruvian President Ollanta Humala has sworn in a new team of ministers in a shake-up that may lead to harsher crackdowns on social protests.

ANC warms to Chile mines policy

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If a mining model based on the "Miracle of Chile' is pursued, ideological, financial and political compromises lie in the wake for South Africa's mining industry.