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Transnet won’t be carved up, says CEO

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Stripping Transnet of its rail infrastructure assets will be "disastrous', while the notion was sending the wrong message to bondholders, says CEO Brian Molefe.

Glencore sees opportunities in volatility

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Commodities trader Glencore has posted a 50% rise in first-half profit and says it sees potential opportunities emerging from the current market turbulence.

Shabangu condems Hawks raid

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Mining Minister Susan Shabangu has described the raid on her department and the State Law Advisers' offices by the Hawks last month as "highly irregular".

ANC plans to dig deep on mine overhaul study

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The ANC plans to complete by the end of the year a study on how to use its vast mineral wealth to fight widespread poverty.

Mines BEE target met, says Chamber

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The Chamber of Mines says black ownership among its members averages 28% and already exceeds state-mandated targets.

State reviews penalties on mining charter

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Government is reviewing its mining law to strengthen the penalty provisions for non-compliance of the mining charter, says an official.

Dividend bonanza for BHP backers

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BHP Billiton has appeased shareholders who are looking for a slice of the diversified miner’s record cash flows, rebasing its final dividend by 22%, paying out 55 US cents per share.

Rail may be split from Transnet: report

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The rail operations of state-owned freight logistics group Transnet may be split into a separate firm, reports Business Day.

BHP posts record profit, boosts dividend

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BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.

Malema down but mine plans not buried

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The debate on nationalising SA's mining sector is set to fade with its most outspoken proponent, ANC Youth League leader Julius Malema, facing charges from his owner party.