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Coal strike kicks off

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Workers in the coal industry have embarked on a countrywide strike, warning of "serious implications" for the economy if their demands were not met.

Jimmy Manyi put forward as minerals DG

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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

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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

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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

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Zimbabwe has rejected all 175 local ownernship proposals it received from foreign mining companies.

Flooding continues to impact BHP Billiton

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BHP Billiton has reported a bigger-than-expected quarterly jump in metallurgical coal production from flood-hit eastern Australia.

Gold poised for more gains

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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

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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

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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

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Glencore expects to close its $475m acquisition of a 70% stake in the owner of Peru's Mina Justa copper project in October.