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Mining surge to increase DRC’s power deficit

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The Democratic Republic of Congo will see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry.

Zuma speaks out on nationalisation

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Nationalisation is not policy but a current debate, President Jacob Zuma has said at a business function hosted by newspaper The New Age.

Workers, Chamber to protest over safety

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Thousands of mineworkers are expected to down tools over safety on Tuesday, says the National Union of Mineworkers.

Aurora directors accused of stalling

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The directors of Aurora Empowerment Systems are allegedly delaying the Master's inquiry into their management of Pamodzi Gold's assets, according to the joint provisional liquidators.

Barrick builds wall around Tanzania mine

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African Barrick Gold is building a 14km wall around one of its Tanzanian mines as part of new security measures aimed at preventing future attacks by villagers.

Shabangu to pronounce on Mpumalanga ban

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Mines Minister Susan Shabangu will announce next week whether the Department of Mineral Resources is ready to lift the ban on prospecting rights applications in Mpumalanga.

Anglo CEO upbeat about demand, Brazil projects

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Anglo American expects demand for metals to remain strong, even as a European debt crisis and a sluggish US economy feed concerns that world growth will slow.

Zimbabwe policy scares investors: PM

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Zimbabwe is hurting investor confidence and stalling recovery by promoting a law to force the transfer of foreign-owned firms to local ownership says , Prime Minister Morgan Tsvangirai.

Kasukuwere ‘pleased’ by miners’ compliance

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Mining firms in Zimbabwe have mostly met a September deadline by which they were required to submit plans to transfer a 51% stake in their operations to locals, empowerment minister Saviour Kasukuwere said on Thursday.

SA ‘scratching head’ on stabilising rand

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The government is scratching its head about how to stabilise the volatile rand, says Finance Minister Pravin Gordhan.