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IDC remains flywheel in SA industrialisation

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The Industrial Development Corporation is central to government's mining and industrialisation policies, but how this will be structure remains conjectural.

Zuma likens mine restructuring to blackmail

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Jacob Zuma, South African president, said mine restructuring was almost like blackmail and said low wages had "led us into trouble".

Exxaro boss admonishes SA government

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Sipho Nkosi, CEO of Exxaro Resources, has urged government to take a mature approach to foreign investment but still reckons South Africa is attractive.

Motsepe to donate personal wealth

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Patrice Motsepe, chairman of African Rainbow Minerals, is to donate hundreds of millions of rands to charitable organisations.

Anglo joins litany of billion dollar write-downs

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It's been a grim time for the diversified mining firms: as billions of dollars have been written-off in investments and projects. Here's a sample of the worst.

Godongwana rules out MPRDA compromise

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The ANC's Enoch Godongwana doubted the mining industry had room for manouevre regarding proposed amendments to the country's minerals legislation.

JCI’s Gray in firing line over salaries, fees

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Peter Gray, CEO of cash shell JCI, was grilled by shareholders who want to know why he collects a large salary when the firm is not generating cash.

Mantashe lashes big business for its ‘disdain’

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Gwede Mantashe, ANC secretary-general, has said his party was treated by disdain by big business which was seeking to control it.

Anglo registers strike-hit Q4 output losses

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As expected, Anglo American's fourth quarter production figures were blighted by its strike-torn South African mines. But there were some bright spots too.

BHP lines up for 10% copper, iron ore, oil growth

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BHP Billiton was positioned to grow production from its key divisions on the back of 'return capacity' and improved demand from China.