Jimmy Manyi put forward as minerals DG
Speculation is rife in government circles that cabinet spokesperson Jimmy Manyi may be in line to be appointed the new director general of mineral resources.
Namibia proposes mining tax hike
Namibia plans to raise its mining tax by 17% to boost revenue, but the hike will not apply to the diamond sector, says the ministry of finance.
Politicians ‘lack will’ on acid mine water
There is no political will to deal with the acid mine water problem, says the CEO of the Federation for a Sustainable Environment.
Zimbabwe rejects all indigenisation proposals
Zimbabwe has rejected all 175 local ownernship proposals it received from foreign mining companies.
Flooding continues to impact BHP Billiton
BHP Billiton has reported a bigger-than-expected quarterly jump in metallurgical coal production from flood-hit eastern Australia.
Gold poised for more gains
The price of gold hovered below its record high, on course for a 12th straight day of gains as global jitters fuel safe haven buying.
Steel workers, employers reach wage deal
Tens of thousands of workers led by Numsa have ended a two-week pay strike in the steel and engineering sector, says union leaders.
Gold hits new high on debt concerns
Gold has hit a new all-time high of $1,597.71 an ounce on continued concerns over US and European sovereign debt.
Glencore to close Mina Justa deal in October
Glencore expects to close its $475m acquisition of a 70% stake in the owner of Peru's Mina Justa copper project in October.
Gold soars past $1,600/oz
Gold has maintained its winning streak, reaching a high in excess of $1,600 per ounce as concerns grow over the eurozone and US debt crises.